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price control

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price control

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

Origin:
1910–15
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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price control

noun
restriction on maximum prices that is established and maintained by the government (as during periods of war or inflation) 
WordNet® 3.0, © 2006 by Princeton University.
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