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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

What sort of people will Nixon choose for the crucial posts of "public" representatives on 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

A machine-tool maker, for example, could conceivably be fined $5,000 for every tool shipped at a higher price than the Price Commission proposes to allow.

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

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