price control

American  

noun

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

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price control British  

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

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Etymology

Origin of price control

First recorded in 1910–15

Example Sentences

They are franchise companies, with a degree of monopoly power and price control.

From Barron's • Dec. 31, 2025

The consensus among forecasters is that it will be roughly inflation-neutral; its first drug price control, a $35 monthly cap on insulin, does not start until next year.

From Washington Post • Oct. 22, 2022

But he added, as his colleagues have in recent remarks, that even if unemployment starts to rise more than expected, the Fed's focus will remain on price control.

From Reuters • Sep. 8, 2022

That is behind an unprecedented shift in EU policy last week when the Iberian countries were allowed to propose their own price control mechanisms to tackle soaring energy costs across the continent.

From Seattle Times • Mar. 29, 2022

Even the soldiers had suspicions at last that they were being charged too much in some stores and the American officers took over price control as another of their many responsibilities.

From The A.E.F. With General Pershing and the American Forces by Broun, Heywood

Related Words

• restraint