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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

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

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

The Price Commission will set standards applying to the fees that the self-employed repairman can charge; the Pay Board will draw up rules governing what wages the employee repairman can collect.

From Time Magazine Archive

The chairmen of the Pay Board and Price Commission will have authority to seek injunctions and fines against violators big or small; such cases will be prosecuted by the Justice Department.

From Time Magazine Archive

Major points: ONE: A Pay Board and a Price Commission will be created as the heart of the Phase II apparatus.

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

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