price control(redirected from Price controls)
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Related to Price controls: Price ceiling
(Commerce) 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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|Noun||1.||price control - restriction on maximum prices that is established and maintained by the government (as during periods of war or inflation)|
control - the economic policy of controlling or limiting or curbing prices or wages etc.; "they wanted to repeal all the legislation that imposed economic controls"
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