Bounding a function by its arguments

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Does anyone know any sufficient conditions (and necessary would be great too if possible) on $f$ such that the following is satisfied:

$|f(x)-f(y)| \leq C|x-y|$, where $C$ is a constant, $f(x): \mathbb{R} \rightarrow \mathbb{R}$ and $x,y, \in \mathbb{R}$