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The Company of Merchant Adventurers of London was a trading company founded in the City of London in the early 15th century. It brought together leading merchants in a regulated company in the nature of a guild. Its members' main business was exporting cloth, especially white (undyed) broadcloth, in exchange for a large range of foreign goods. It traded in northern European ports, competing with the Hanseatic League. It came to focus on Hamburg.