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单词 price-cap regulation
释义

price-cap regulation

Definition
A form of regulation that sets upper limits on utilities' prices. The regulation originated in the United Kingdom in the 1980s, and was applied to privatized network utilities. The regulation takes into account such factors as the consumer price index, overall rate of inflation, and industry averages for operating efficiencies.
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更新时间:2025/2/2 14:24:50