government regulation of prices by establishing maximum price levels for goods or services, as during a period of inflation.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use price control in a sentence
US restaurant sales are back to pre-pandemic levels, and the companies argue the price control is no longer related to a public-health emergency but “driven by naked animosity towards third-party platforms.”Delivery companies are being squeezed between investors and new caps on fees | Michelle Cheng | September 11, 2021 | Quartz
“New York City Council passed harmful, unnecessary, and unconstitutional price controls which leave us no choice but to resolve this matter in court, as we did in San Francisco,” a DoorDash spokesman said in a statement.DoorDash, Grubhub, UberEats sue New York City over fee caps | Aaron Gregg | September 10, 2021 | Washington Post
Those permanent price controls will harm not only Plaintiffs, but also the revitalization of the very local restaurants that the City claims to serve.Uber Eats, Grubhub, DoorDash sue NYC for limiting fees the apps can charge restaurants | Rebecca Bellan | September 10, 2021 | TechCrunch
Yet, the City of New York has taken the extraordinary measure of imposing permanent price controls on a private and highly competitive industry—the facilitation of food ordering and delivery through third-party platforms.Uber Eats, Grubhub, DoorDash sue NYC for limiting fees the apps can charge restaurants | Rebecca Bellan | September 10, 2021 | TechCrunch
It became accepted on all sides that price control was the one method to correct the inequalities of war conditions.
price control had an effect on the morale of large strata of the population.
Unless the price control Act is renewed there will be no limit to which our price levels would soar.State of the Union Addresses of Harry S. Truman | Harry S. Truman
British Dictionary definitions for price control
the establishment and maintenance of maximum price levels for basic goods and services by a government, esp during periods of war or inflation
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