What nation was Colbert hoping to compete with when he created the Company of the East Indies?

Name: What nation was Colbert hoping to compete with when he created the Company of the East Indies?
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Colbert was hoping to compete with the Dutch Republic, which had a monopoly on the lucrative spice trade in the East Indies. By creating the French East India Company, Colbert intended to challenge and ultimately break the Dutch monopoly.

What Nation Was Colbert Hoping to Compete with When He