What Were the Primary Causes of 15th to 19th Century British Chartered Companies' Failures?

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The question here is how did those chartered companies become defunct.

While there were some spectacular failures like the South Sea Bubble - most companies would have evolved, split, consolidated, and so on as markets and legislation shifted (nationalisation, anti-monopoly, etc)...

Meaning, there are probably many companies that are descendant of those originals.

You mention Company of Merchant Adventurers of London - which had it's monopoly taken away after the Glorious Revolution, but continued successfully for at least 200 years after that.

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