The act of 1833 ended the East India Company's last surviving monopoly, that on the tea trade with China. It was motivated by the pervasive dislike of monopolies in the epoch of 'Free Trade' and 'laissez-faire'. In the same year, Thomas Babington Macaulay, secretary to the Board of Control, stiffened measures to require open competition rather than patronage in appointment to the Indian Civil Service.
We have have no profile for this entry. If you are a qualified scholar and you wish to write for The Literary Encyclopedia, please click here to contact us.
Clark, Robert. "East India Company Act (2)". The Literary Encyclopedia. First published 01 February 2010
[https://www.litencyc.com/php/stopics.php?rec=true&UID=4722, accessed 23 January 2018.]