the players required to continue their careers. The Coulter law was abolished in 1968. However, in 1987 a club-level salary cap was introduced by the VFL and has been retained by its successor, the Australian Football League (AFL). State Farm Insurance On February 4, 2009, a Wall Street Journal article stated, "Last month State Farm pulled the plug on its 1.2 million homeowner policies in Florida, citing the state's punishing price controls.... State Farm's local subsidiary recently requested an increase of 47%, but state regulators refused. State Farm says that since 2000, it has paid $1.21 in claims and expenses for every $1 of premium income received." Venezuela On January 10, 2006, a BBC article reported that since 2003, Venezuela President Hugo Chávez had been setting price ceilings on food and that the price ceilings had caused shortages and hoarding. A January 22, 2008, article from Associated Press stated, "Venezuelan troops are cracking down on the smuggling of food... the National Guard has seized about 750 tons of food.... Hugo Chavez ordered the military to keep people from smuggling scarce items like milk.... He's also threatened to seize farms and milk plants...." On February 28, 2009, Chávez ordered the military to seize control of all the rice processing plants in the country temporarily and to force them to produce at full capacity. He alleged they had been avoiding doing so in response to the price caps. On January 3, 2007, an International Herald Tribune article reported that Chávez's price ceilings were causing shortages of materials used in the construction industry. According to an April 4, 2008, article from CBS News, Chávez ordered the nationalization of the cement industry, which had been exporting its products to receive higher prices outside the country. UK Default tariff energy price cap The Domestic Gas and Electricity (Tariff Cap) Act 2018 introduced a default tariff energy price cap in England, Wales and Scotland as part of the UK's energy policy, to safeguard the 11 million households on standard variable tariffs. Sugar in Pakistan Another example is a paper by Sen et al. that found that gasoline prices were higher in states that instituted price ceilings. Another example is the Supreme Court of Pakistan's decision regarding fixing a ceiling price for sugar at 45 Pakistani rupees per kilogram. Sugar disappeared from the market because of a cartel of sugar producers and the failure of the Pakistani