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Price Control

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Price Control
A government regulation limiting the percentage (or, rarely, dollar amount) by which a price for a good or service can change over a given period of time. Price controls have been used to combat inflation, though they are rarely successful. Price controls may also be utilized to protect a favored industry, and are used most commonly to provide a minimum price for agricultural products. See also: Wage control, Price ceiling, Price floor.
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Following complaints which were not addressed by the price control authority, shoppers contacted the scribe - with the hope to redress their grievances, saying that government should come forward with a decisive action to control profiteering at least once for all this time.
Eid spree losing charm in face of spiralling prices by Balochistan Times (Baluchistan Province, Pakistan)
Many of the root causes of drug counterfeiting are exacerbated by government interference, such as price controls and taxation.
Swinish profit from fever by Daily News Egypt (Egypt)
s strict price control over oil products," the statement said.
Sinopec 2008 net profit down 47 percent by AFP / AFP Asian Edition
 
 
 
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