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This article is related to the holy month of ramadan. In the holt month or Ramadan, a lot of households do indeed cook more than they need and distribute the excess food to poor people. therefore this increase in demand may cause companies to hike the prices of essential food items such as vegetables so the UAE government is looking to create a mechanism for controlling the prices of essential foods, by probably placing a maximum price

This article is really interesting as it really gives you a sense on why a government would put in place a maximum price. The Indian government has decided to "put a cap " on the price of pharmaceutical drugs, such as AIDS drugs or similar things.

Ministry of Domestic Trade, Cooperatives and Consumerism director Wan Uzir of Malaysia announced (on November 8) 14 items that are price controlled by the government but are recommended to be sold at a price even lower than the maximum set by the government. These price controls, on items such as chicken and potatoes, are in anticipation of the nearing Holiday, Deepavali (Diwali) on November 13, mainly to protect consumers from potentially unmanageable prices.

Government price controls for groceries backfired in Venezuela. Although their aim was to make basic necessities available for everyone, the maximum price was so low that it prevented producers from collecting any revenue. As a result, producers began supplying less, causing widespread food shortages.

The primary reason unemployment remains high is a lack of demand. An aggregate demand shortfall is exactly the kind of problem monetary policy can address. Thus, we need powerful and continuing monetary stimulus to move toward maximum employment and price stability. The following is adapted from a presentation by the president and CEO of the Federal Reserve Bank of San Francisco to The Forecasters Club in New York, New York, on February 21, 2013.