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Guipuzcoana Company
Guipuzcoana Company was an 18th century company in charge of maintaining a trade monopoly between Spain and the Province of Caracas, Venezuela, which was a Spanish colony at the time.
Created on September 25 1728, and beginning its operations in 1730, the Guipuzcoana Company functioned until 1785, being the only company entitled to sell European goods in Venezuela and to export fruit to Spain. The strict rules of the company and the fixed places, gave the company a lot of opposition, and created contraband in the market. Following several rebellions against the Guipuzcoana Company, it was finally closed in 1785.
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This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article Guipuzcoana Company
