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When the government dismantled gasoline import controls, prices fell, too.
In one statement, he declared that "the recycling industry has to purchase their material from scavengers and the 'dirt gold mafia,' which controls prices, raising them in the summer and lowering them in the winter.
We are so used to an oil cartel controlling prices that we forget what a cartel is: a collusive arrangement among producers that, by definition, always controls prices, usually keeping them artificially higher than they would be in a competitive market.
It also decides levels of service, controls prices and determines the priorities for investment.
Similar(51)
Buffett wouldn't consider airlines because there's no franchise power that controls pricing.
Next, faced with rising consumer prices, Tymoshenko intervened to control prices on meat and gasoline.
Freed from government control, prices soared, and many people saw their savings wiped out.
And Amazon does not control prices when it presents goods sold by other merchants.
The governor said he would lobby Congress to give the state more authority to control prices.
But there are no specific proposals to control prices for out-of-network medical services.
The government controlled prices and determined which routes the airlines could fly.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com