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https://www.alternatehistory.com/discussion/showthread.php?t=49146&highlight=Independent+EIC

Inspired this thread, I'm curious concerning the plausibility of a company or corporation being able to attain the same amount of power as the great powers in Europe. Someone mentioned the EIC being the closest thing to it since it managed to hold a large amount of land in India though it was influenced/controlled too much by the British/English government at various points of its history for said company to have a colonial empire autonomous from the motherland.

Another contender Wendell mentioned was the VOC though it was nationalized by the Dutch Batavian Republic, a client state of the French Republic. Any ideas? I've considered the idea of having the British decide to go in and prop up the VOC but I'm not sure if that will work.
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