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price control

 

Definitions from WordNet

Noun price control has 1 sense
  1. price control - restriction on maximum prices that is established and maintained by the government (as during periods of war or inflation)
    --1 is a kind of
    control

Definitions from the Web

Price Control

Definition

Price control refers to the government's regulation or imposition of restrictions on the prices of goods and services in order to stabilize the economy, protect consumers' interests, or prevent the formation of monopolies.

Senses

Noun

1. The regulation of prices by the government to prevent inflation or to ensure fair competition.

Example sentence: The government implemented price controls to keep essential commodities affordable for the general public.

Verb

1. To regulate or determine the price of goods or services by governmental authority.

Example sentence: The government decided to price control certain products to counteract increasing market volatility.

Related Products

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