Why did Parliament offer the East India Company a monopoly on the tea trade in the colonies?

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Why did Parliament offer the East India Company a monopoly on the tea trade in the colonies?

The British East India Company:

The British East India Company received its royal charter from Queen Elizabeth I in 1600. It was formally dissolved in 1874, although a clothing design company purchased the rights to the corporate brand in the 1980s.

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Parliament offered the British East India Company a monopoly on the tea trade in the American colonies as a way to help get the East India Company out...

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