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End of the Company from "summary" of The Anarchy by William Dalrymple

The East India Company was supposed to be an instrument of British trade, a commercial operation that would bring wealth and prosperity to the British Empire. But as it grew in power and influence, it became something entirely different. It became a behemoth, an entity unto itself, with its own armies, its own laws, and its own territory. The Company's rise to dominance was marked by violence and exploitation. It used its military might to conquer and subjugate entire nations, plundering their resources and enslaving their people. Its primary goal was not trade, but profit – at any cost. As the Company's power grew, so too did its corruption. Its officers became greedy...
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    The Anarchy

    William Dalrymple

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