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President Calderón opted for using price ceilings for tortillas that protect local producers of corn. This price control came in the form of a "Tortilla Price Stabilization Pact" between the government and many of the main tortilla producing companies, including Grupo Maseca and Bimbo, to put a price ceiling at MXN 8.50 per kilogram of tortilla. [6]
A related government intervention to price floor, which is also a price control, is the price ceiling; it sets the maximum price that can legally be charged for a good or service, with a common example being rent control. A price ceiling is a price control, or limit, on how high a price is charged for a product, commodity, or service.
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Section B of the anti-price-gouging law, effective until January 2026, forbids sellers from increasing the price of food, emergency services, and housing by more than 10 percent relative to pre ...
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The brothers' native Canada, along with Mexico, has been in the President-elect’s tariff crosshairs, threatening that if both countries don’t stop the flow of migrants and drugs into the U.S ...
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