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What was the Boston tea party event? The British Parliament enacted a new law in relation to the trade of tea. According to this law, East India Company was allowed to send tea to America. The price was reduced to increase the tea trade. As a result, Americans used to get cheap tea and the East India Company also got financial benefits. But the American colonists considered it a trick of the British government. He thought that if the Parliament would establish a monopoly on business matters, it would harm the business of the colonies. Some ships of the East India Company were stationed in Boston harbor. Boston citizens looted the ships and dumped about 342 tea boxes into the sea. This is called the "Boston tea-party incident". Boston tea party Boston tea-party event results The incident caused excitement in England. The British Parliament supported the policy of repression and passed the Massachusetts Act. By this law, the British military commander was made the ...