When prices go up, people realize there's more money to be made. More sellers/manufacturers enter the marketplace in response, increasing the overall supply pool and eventually causing a price crash.
Conversely, limiting prices rewards hoarders as they can justify their actions. It also rewards antisocial actors by constraining supply an increasing the amount of time they can be profitable. Finally it delays the onset of the price crash keeping prices high and making sure the poor can't afford said goods.
Also keep in mind stuff like hand sanitizer, lysol wipes, and tp all have replacements. Soap has been shown to be more effective than hand sanitizer, and bleach on a reusable rag is more effective effective than lysol... And for the last one I'll just let you figure it out ;)