price controlled
/praɪs kənˈtroʊld/
adjective
- Having a maximum price set by a government or authority, usually to keep goods affordable.
- The government introduced price-controlled rents in the city to help low-income families find housing.
- During the crisis, many essential items like bread and milk were price-controlled to prevent price gouging.
- Some economists argue that price-controlled goods can lead to shortages because suppliers cannot cover their costs.
Antonyms