Regulated companies are merchant associations that allow anyone to join for a fee. They generally hold company monopolies over certain kinds of international trade.
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Regulated Company Term Timeline in The Wealth of Nations
The timeline below shows where the term Regulated Company appears in The Wealth of Nations. The colored dots and icons indicate which themes are associated with that appearance.
Book 5, Chapter 1
There are two kinds of companies: regulated and joint-stock companies. Regulated companies control a certain branch of trade and allow any merchant...
(full context)