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Price Commission

British

noun

(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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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

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

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

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

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

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023