I would suggest that the LTC is more like the East India Trading Company, essentially established by the govt in the area to prevent the monopoly of the CSC, and various merchants signed up against the CSC, or because it had many benefits- like the SAG for actors and extras in movies. GunsnadGlory 19:40, January 11, 2012 (UTC)
I'm not sure if the East India Trading Company was actually established by the government. Going by wikipedia it was a joint stock company with a Royal Charter and government backing which while getting a lot of preferential treatment from the British government was still somewhat seperate. The Charter part is probably non-applicable since I'm not sure how they'd work in a duchy, and I'm not sure if they'd count as a joint-stock company since my understanding of that sort of thing is rather hazy. The government backing without direct government control part does apply though. Tessitore 23:39, January 13, 2012 (UTC)
- The EIC was most definitely not established by the government. Tess has the description more or less right. Lordganon 08:57, January 14, 2012 (UTC)
- Oops, I didn't quite mean to phrase it that way. I meant govt backed, but yeah. GunsnadGlory 20:37, January 14, 2012 (UTC)