The East India Company’s first corporate charter was granted in 1600 for a period of fifteen years. The company struggled to advance its trading and turn a profit initially but by 1609, business was picking up and King James I renewed the charter in 1609, for an indefinite period of time.
Imperialism worked like it always has and the corporation was able to expand toward many different places and grow bigger and richer. Thanks in large part to the stockholders and other rich people, deregulation of the company proceeded to occur over the years.
Monopolies were imposed soon enough. Another company was briefly set up by the government to try to compete, but they soon argued that there really was no strong competition against the company, so the companies merged.