may 10, 1773 - tea act
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The Tea Act, a British law passed in 1773, granted the British East India Company a monopoly on tea sales in the American colonies. This allowed the company to export tea directly, reducing prices and eliminating colonial merchants. However, American colonists opposed the Act, leading to the Boston Tea Party in December 1773. The protest escalated tensions between the colonies and Britain, ultimately leading to the American Revolution.
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