Was the assistance given to the East India Tea Company "a government bailout?" Why or why not?

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asked May 16, 2020 74.2k views

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Quinn Wynn · Answer 1 · 2020-05-22T22:19:02+0000

Yes, it was a government bailout. Under the Tea Act, India could ship tea straight to American ports without going through Britain first and getting the import tax.

Was the assistance given to the East India Tea Company "a government bailout?" Why or why not?

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