this post was submitted on 09 Aug 2024
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[–] poVoq@slrpnk.net 5 points 1 month ago* (last edited 1 month ago)

They had some prominent backers as the article explains, but regardless of that the fact remains that HBC was created by a state with the clear goal to establish a another client state through it (hence the monopoly rights). Britain's rivalries with France probably also played a role as France was the dominant colonial power in that area at the time.