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The example of the gasoline price cap shows why price caps backfire

Telex.hu 2026-08-01 06:40:07 |

The example of the gasoline price cap introduced in 2021 and then abolished in 2022 clearly shows that price controls have many downsides: product shortages may occur, the strength of market competition may decrease, and after its abolition, consumer prices may rise to a higher level than if the state had not regulated prices.

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The example of the gasoline price cap shows why price caps backfire

Az oldal további hírei...

A shocking world record for the first throw - this is how Miklós Németh became the Olympic champion after his fatherThe world record was reflected on the number plate of his car, which made him tense when the top was no longer his. ...

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