price control

noun

1. government regulation of prices by establishing maximum price levels for goods or services, as during a period of inflation.

price control

noun

1. the establishment and maintenance of maximum price levels for basic goods and services by a government, esp during periods of war or inflation

Word History and Origins

Origin of price control¹

First recorded in 1910–15

Example Sentences

The regulator imposes price controls on the major incumbent suppliers - electricity firm Power NI; SSE Gas in Belfast and the west; and Firmus in the Ten Towns network.

From BBC

He cited the president's fixation on tariffs and "constrictions on free enterprise, price controls, trade barriers and whatnot — cartelization of the economy, many very bad things."

From Salon

It stopped short of recommending price controls, but said they remain a possibility, adding parents have been "shouldering the costs" of price increases in the market for years.

From BBC

"Harris’ call for price controls, reminiscent of the Jeffersonian intervention approach, is politically astute."

From Salon

She has made some arguably progressive campaign proposals, including a federal ban on “price-gouging” by grocery stores; Trump denounced the idea as “Soviet-style price controls.”

From Los Angeles Times

Related Words

• restraint