hintakattoja
Hintakattoja (Finnish for price ceilings) are government-imposed maximum prices that sellers may charge for specified goods or services. They are used as a form of price control intended to make essential goods more affordable, protect consumers during rapid price rises, or curb inflationary pressures.
A hintakatto is binding when set below the market equilibrium price; in that case it constrains supply
Common consequences include reduced availability, longer queues, deterioration in quality, the emergence of black markets, and
Policymakers sometimes combine hintakattoja with subsidies, rationing, or supply-side measures to mitigate negative effects. Alternatives include
Examples of price ceilings in practice include rent control policies and temporary caps on fuel or food