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What is Dutch East India Company about?
The Dutch East India Company, or VOC, was established in 1602 as one of the first joint-stock companies, granted a 21-year monopoly on trade in Asia. It became a powerful multinational corporation, dominating the spice trade and establishing significant trading posts, including Batavia (Jakarta). The company faced decline due to corruption and administrative costs, leading to its dissolution in 1799, with its assets taken over by the Dutch government.
- Author
- Agshin Sakif
- Language
- EN