price controls

Cultural  

1. Measures, usually temporary, taken by governments to limit price rises in times of rapid inflation.

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Example Sentences

During the Korean War, inflationary pressures were partly restrained through temporary wage and price controls.

From The Wall Street Journal

Those windfall profits were partly the result of high inflation, but Ofgem said that renegotiating price controls would bring extra costs to consumers that would outweigh the benefits.

From BBC

A number of states have a controversial answer: price controls.

From The Wall Street Journal

Big Pharma has been out of favor with investors on fears of tariffs and price controls.

From The Wall Street Journal

With Democrats in total control of Washington, the threat of drug price controls loomed.

From The Wall Street Journal