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Price regulation
When prices of, say, a public utility are regulated, giving producers an incentive to maximise their profits by reducing their costs as much as possible. Contrast with rate of return regulation.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Economy
- Category: Economics
- Company: The Economist
- Product:
- Acronym-Abbreviation:
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