Apparently, price controls on groceries are needed because the food industry is “gouging” consumers, whatever that means in a business that operates on a 2% profit margin. ... For Measure J.

Chinese Premier Wen Jiabao has said his government is preparing steps to tame price rises, adding his voice to official efforts to reassure consumers irked by a rapid rise in the price of food.

Nixon-era price controls did not work in the 1970s. U.S. Global Investors. It wasn’t until 1983, midway through Ronald Reagan’s first term as president, that the economy finally began to recover.

This renewed focus comes amid growing concerns over unchecked price hikes in commonly used medicines. While essential medicines have fixed ceiling prices, non-scheduled drugs—including many popular ...

BEIJING, Jan 13 (Reuters) - China will launch new measures to control prices if inflation stays high in the first quarter, an senior official was quoted by state radio as saying on Thursday. Zhou ...

Price controls or anti-gouging measures are thought to create shortages by pushing up demand, as customers look to load up on the goods that are subject to the government-imposed discount.

Standard Group Plc HQ Office, The Standard Group Center,Mombasa Road. P.O Box 30080-00100,Nairobi, Kenya. Telephone number: 0203222111, 0719012111 ...