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Price Commission

British  

noun

  1. (in Britain) a commission established by the government in 1973 with authority to control prices as a measure against inflation. It was abolished in 1980

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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C. Jackson Grayson Jr., once head of the Price Commission, suggests that some new productivity formula should be devised that takes more into account the quality as well as the volume of a worker's output.

From Time Magazine Archive

The increase must still be approved by the Price Commission, but most FCC commissioners believe their action falls within the guidelines.

From Time Magazine Archive

Dean C. Jackson Grayson's Price Commission lowered the average yearly increase allowed large firms under its Term Limit Pricing rule from 2% to 1.8%.

From Time Magazine Archive

They will investigate complaints of pay or price violations by the big companies and unions that report to the Pay Board and Price Commission.

From Time Magazine Archive

Meanwhile, the Price Commission will do the same for prices and rents.

From Time Magazine Archive

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