The company had become such a threat to British, Dutch, Portuguese, and French interests, that when Emperor Charles VI promulgated the edict of the Pragmatic Sanction of 1713, it was refused international recognition on the grounds of Ostend Company's success in the East Indies.
The company had grown to be such a menace to British, Dutch, Portuguese, and French interests, that when Emperor Charles VI issued the edict of the Pragmatic Sanction of 1713, it was denied international recognition due to Ostend Company's remarkable success in the East Indies.