Longman Dictionary of Contemporary English
WordNet
n. restriction on maximum prices that is established and maintained by the government (as during periods of war or inflation)
Usage examples of "price control".
During the white regime a ferocious foreign exchange control system and a rigid internal price control structure had isolated the country from the worst effects of inflation, but now they were experiencing all the joys of re-entering the international community, and the local currency had already been devalued twenty per cent.
In January, Congress bolstered the OPA's authority by passing the Emergency Price Control Act.
Henry Wallace in the Department of Agriculture, and he came to Fayette to consult with the farmers about something or other-price control or production control, probably, or conservation, the New Deal agenda that kept our farm off the auction block.