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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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TWO: After devising general rules, the Pay Board and the Price Commission will weigh particular increases case by case.

From Time Magazine Archive

A Committee on the Health Services Industry will advise the Pay Board and Price Commission on how to adapt wage and price standards to doctors' fees and hospital charges.

From Time Magazine Archive

Sooner or later, the Pay Board and the Price Commission will have to issue rulings that will be hotly disputed.

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

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

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