NOUN
- restriction on maximum prices that is established and maintained by the government (as during periods of war or inflation)
How To Use price control In A Sentence
- Wage and price controls in effect during World War II meant employers had to turn to forms of non-cash compensation to recruit or retain workers.
- The most likely incremental reforms include insurance premium caps and price controls on hospitals, doctors and pharmaceuticals.
- Price controls are economic illiteracy but people like them. Times, Sunday Times
- Bombay: An official denial of moves to end price controls on steel triggered nervous long liquidation across the board.
- Free enterprise was encouraged in private-sector hotel projects and the creation of new farms and small-scale industries not subject to state price controls.
- Since Ms. Saunders apparently missed Introductory Economics in college, herewith a very brief primer on the effects of price controls in consumer credit markets.
- The LCBO uses a system of "floor pricing", or minimum selling prices, using price control as part of its social responsibility mandate to discourage excessive alcohol consumption.
- By April 1989 price controls started to crumble and monthly inflation rose from 5% in March 1989 to 73% this February.
- The government's new law on wage and price control is diluted with exceptions.
- This week he has added rent control to a manifesto that includes energy price control, control of payday lending and interference in foreign takeovers. Times, Sunday Times
