Definitions for "Price Control"
The framework Postcomm lays down for Royal Mail to use when setting prices. Also includes quality of service standards that Royal Mail must meet.
Intervention by a government to set the price in a market or limit its movement, thus attempting to override the market mechanism.
restriction on maximum prices that is established and maintained by the government (as during periods of war or inflation)
government regulations that set maximum prices for commodities or control price levels by credit controls.
A relative measure of vertical/horizontal interplay. The greater the horizontal component, the greater the price control.