Definitions
There is 1 meaning of the phrase
Price Control.
Price Control - as a noun
Restriction on maximum prices that is established and maintained by the government (as during periods of war or inflation)
Example Sentences
"The government implemented price controls on essential commodities to stabilize the market."
"The consumer advocacy group is urging the government to enforce stricter price controls on pharmaceuticals."
"Economists argue that price controls distort market forces and hinder economic growth."
"The price control policy enacted by the government aims to prevent inflation."
"The removal of price controls on gasoline resulted in a significant increase in pump prices."
