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

From Time Magazine Archive

Chairman Lynn Townsend voiced the hope that the Price Commission will allow some increases on '72 models, which came out during the freeze.

From Time Magazine Archive

Price Commission staff members are conferring with the Justice Department about ways of getting such damages repaid to consumers without forcing them to sue.

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

THREE: The Price Commission will have authority to order a price rollback by any company making "windfall" profits.

From Time Magazine Archive

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