Richard R. answered 06/03/24
I’m Rich—a native speaker of Japanese with an passion for history.
The answer to this question if multi-faceted.
First the Geopolitical factors: Europeans were so focusecd on conflict with each other and expanding their power that the pirates were nothing more then a slight pain in their sides. Unlike the Vikings of old that dirupted entire dynasties.
Second Britain saw paying the "Bribe" as an easy way to harm her enemies ala the Spanish and French. Allowing them to continue to expand their empire and trades routes.
Third the european powers weighted pors and cons and determined it really wasn't worth the cost to stop the pirates by forming an alliance with those they were fighting against for domination.
Lastly by the 18th century they Europeans were facing revolutions, colonial conflicts, and territorial disputes the pirates where not a priority.