State law includes a provision against price gouging of an "unconscionably excessive price" during natural disasters.
The government will then set a floor price and an upper limit for at least the first three years to avoid excessive price fluctuations.
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"The construction of affordable homes will help curb excessive price rises and fuel urbanization, which will in turn unleash consumption and investment potentials and push development of related industries, " Mr. Li said.
The Bank of England, which sets UK rates, is charged with an inflation target of 2.5%, and may feel that any move to stimulate the economy would risk sparking excessive price rises.
The office then launched its investigation, comparing gas prices before and after the crisis under the state's Price Gouging Law, which prohibits merchants from taking unfair advantage of consumers by selling goods or services for an "unconscionably excessive price" during disasters.
The world downturn will be led by problems in the US housing market, but the IMF warns that excessive house price inflation in some European countries, including Spain, Ireland and the UK, has made them more vulnerable to a slowdown.
During the session, the share price was suspended limit-down, an automatic suspension system which kicks in when a share price is showing excessive volatility.
Mr Mantega has talked of an "international currency war", while Mr Meirelles has said Brazil should not "pay the price" for the "excessive devaluation of currencies" in other countries.
And if that is all there was to it then the Danish could rightly argue that the royalty payments are excessive (or that the original transfer price was too low, much the same thing in reality) and thus try to claim more tax.
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Industry and home owners are paying the price for a South East property boom fuelled by excessive city bonuses.
Thus the price slide in copper observed since the beginning of February is becoming quite excessive.
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Likewise, some might view a price-to-sales per share multiple of 3.2x as excessive, but historically speaking the market has been willing to pay between 5.7x and 11.1x.
With respect to fast moving consumer goods, excessive discounting (pricing too low) can effectively train consumers to look for a certain sale price and wait for that price before they buy.
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