WorthPlaying writes: "In East India Company, players will enjoy building the world's most powerful trading empire and engaging in fierce battles in both single-player and multiplayer modes, all within a breathtaking cinematic environment. The v1.01 patch fixes a few bugs, nothing special, and the 800mb demo start with access to some ports & fleets, enabling you to compete for the game's main trading items, and also features two naval battle scenarios."
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Commander Conquest of the Americas is the follow up game from Nitro Games' East India Company. Greg Wild previews the game taking a look at the naval combat and the grand strategy element of the game.
I tried to like East India Company, but I just couldn't get into it, I found the ship battles a pain to play through and the grand strategy wasn't my cup of tea really. Sounds like they may have made some improvements though!