A government regulation establishing a maximum price to be charged for specified goods and services, especially during periods of war or inflation.
（尤指战争或通货膨胀期间政府实行的）价格管制
the recent surge in inflation has been fuelled by a relaxation of price controls in the past 12 months
Example sentencesExamples
Pumping in more money while imposing direct price control and hoping thereby to stem inflation is very much like trying to cure a fever by holding down the mercury column in the thermometer.
Inevitably price control meant that state-owned companies lost money and, in the absence of state subsidies, a large chunk of the economy was bankrupted.
The shackles of price control and regulatory levies must be removed from us in favour of competition,’ Mr Mohan said.
A spokesman said: ‘Transco would not have agreed to the price control if it prevented it from meeting its legal obligations to run a safe gas network.’
Gittens here faults economists for dismissing the public's demands for price control as irrational, or as merely the expression of a vested interest.
Definition of price control in US English:
price control
nounprīs kənˈtrōl
A government regulation establishing a maximum price to be charged for specified goods and services, especially during periods of war or inflation.
（尤指战争或通货膨胀期间政府实行的）价格管制
the recent surge in inflation has been fueled by a relaxation of price controls in the past 12 months
Example sentencesExamples
The shackles of price control and regulatory levies must be removed from us in favour of competition,’ Mr Mohan said.
Gittens here faults economists for dismissing the public's demands for price control as irrational, or as merely the expression of a vested interest.
Pumping in more money while imposing direct price control and hoping thereby to stem inflation is very much like trying to cure a fever by holding down the mercury column in the thermometer.
Inevitably price control meant that state-owned companies lost money and, in the absence of state subsidies, a large chunk of the economy was bankrupted.
A spokesman said: ‘Transco would not have agreed to the price control if it prevented it from meeting its legal obligations to run a safe gas network.’