EDEXCEL IAL Topical Past Paper Unit 3
3..5.1 Government intervention in product markets
section A
Section b
WEC13/01/May 2024
In 2023 the US Department of Justice began an investigation into claims that Google had used its market power to limit competition and to increase the amount charged to advertisers.
Evaluate policies that a government could adopt to control monopolies.
Illustrate your answer with an appropriate diagram(s). [20 marks]
WEC13/01/Oct 2023
In Pakistan, internet services are provided by a monopolist, Pakistan Telecommunication Company Ltd (PTCL). The quality of the service offered is poor and the internet speed is slow resulting in a high level of complaints from consumers.
Evaluate policies that a government could use to control and regulate monopolies, such as PTCL.
Illustrate your answer with an appropriate diagram(s). [20 marks]
WEC13/01/June 2023
In 2022 the French Government planned to pay nearly €10bn to nationalise EDF Energy. This business had a 90% market share. The Government aims to ensure stability of energy supplies and to prevent significant price fluctuations.
Evaluate the impact of a profit maximising monopolist being nationalised.
Illustrate your answer with an appropriate diagram(s). [20 marks]
WEC13/01/May 2022
The tax authority in Singapore offers a tax incentive of up to S$100000 to new businesses in their first three years of trading. The objective of this scheme is to promote competition.
Evaluate methods that a government could use to control monopoly behaviour.
Illustrate your answer with an appropriate diagram(s). [20 marks]
WEC13/01/Jan 2022
In 2019 the New Zealand Government created a new organisation to regulate the local monopolies that supply water. This organisation imposed a price cap that resulted in these water companies making insufficient profit for investment in
improving water quality.
Evaluate methods that a government could use to promote competition in a market.
Illustrate your answer with an appropriate diagram(s). [20 marks]