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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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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

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

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

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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