pricing cap
[/ˈpraɪsɪŋ kæp/]
nounpl: pricing caps
teto de preço
1. a maximum price set by government or regulatory authority that sellers cannot exceed
The government imposed a pricing cap on essential medicines to protect consumers.
O governo impôs um teto de preço em medicamentos essenciais para proteger os consumidores.
2. an upper limit on the amount that can be charged for a product or service
The pricing cap on electricity rates will help reduce household expenses.
O teto de preço nas tarifas de eletricidade ajudará a reduzir despesas domésticas.
Pricing caps are commonly used in Brazil during inflationary periods and are often implemented by ANVISA (health authority) for medicines and by ANP (energy agency) for fuel. In the USA, they are more controversial and less frequently used, with debates about their economic impact.
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