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Instead, he advocates the use of price ceilings for various services.
A few days later, price ceilings on many retail products take effect.
The new price ceilings for food effectively cover both the public and private stores.
Electricity, for example, is a good that has typically been subject to price ceilings in many countries.
In an unregulated market economy price ceilings do not exist.
In Canada, the government strips out the cost of such research and imposes a low price ceiling.
Jimmy Carter's promise to remove price ceilings on natural gas?
"I would imagine at some point, in some marketing plan, we will use a price ceiling."
For this reason, consumer advocates oppose the adoption of price ceilings.
The result has been that operators cluster around this price ceiling, which does not benefit consumers.
However, a price ceiling can cause problems if imposed for a long period without controlled rationing.
Price ceilings can produce negative results when the correct solution would have been to increase supply.
Let us take the case of price ceiling.
The days of breaking the $30 price ceiling seem, for the moment at least, to have vanished.
In addition, the commission gave telephone companies three ways to deal with price ceilings in the future.
For starters, the commission ordered local phone companies to reduce their price ceilings on access charges by 2.8 percent.
The third option would allow the company to retain all its profit, but force it to accept very low price ceilings.
It provides a price ceiling for such services.
Since 2000 important inroads have been made by companies offering higher price ceiling fans with more decorative value.
Medicare officials are also expected to decide soon on a price ceiling for the interocular lens.
The exact amount by which the price ceilings will rise had been a subject of bitter dispute in the industry.
Price ceilings have historically been considered an illegal form of price fixing.
A second option would allow a company to hold on to more profit, but require it to accept slightly lower price ceilings.
The most direct remedy would be a reimposition of price ceilings.
The president opted to use price ceilings on tortillas that protected local consumers of corn.
