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incomes policy
(redirected from Price controls)

   Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.01 sec.

incomes policy

Collective governmental effort to control the incomes of labour and capital, usually by limiting increases in wages and prices. The term often refers to policies directed at the control of inflation, but it may also indicate efforts to alter the distribution of income among workers, industries, locations, or occupational groups. See also wage-price control.



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Many of the root causes of drug counterfeiting are exacerbated by government interference, such as price controls and taxation.
Chinese oil giant Sinopec, Asia's top refiner by capacity, said Sunday its net profit fell 47 percent last year, as oil price volatility and government price controls hit its bottom line.
We want price controls on energy reintroduced, as well as the introduction of a social tariff that would force energy companies to provide energy at a reduced rate to vulnerable people.
 
 
 
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