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Tea Act

   Also found in: Wikipedia 0.01 sec.

Tea Act

(1773) British legislation giving a tea monopoly in the American colonies to the British East India Co. It adjusted the duty regulations to allow the failing company to sell its large tea surplus below the prices charged by colonial competitors. The act was opposed by colonists as another example of taxation without representation. Resistance to the act resulted in the Boston Tea Party.



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Within months, Parliament foolishly added insult to injury by passing the Tea Act, granting the British East India Company absolute control over all the tea sold in America.
In May 1773, the British Parliament passed the Tea Act to help the British East India Company get out of debt.
 
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