Competition Policy — AQA Past Paper Questions

Assess the view that competition policy is likely to lead to markets becoming less efficient in the long run.

1.8.7 Competition Policy

Discuss whether governments should consider increasing the regulation and taxation of technology firms which have acquired significant global monopoly power.

1.5.6 Monopoly and Monopoly Power · 1.8.7 Competition Policy

Extract B (lines 4–6) states that ‘banks do not feel enough pressure to compete on price or quality, leading some to call for the Big Four to be split into a number of smaller banks.’ Use the extracts and your knowledge of economics to assess the view that the government should intervene further in the banking sector to promote greater competition.

1.5.5 Oligopoly · 1.8.7 Competition Policy

Evaluate the view that government regulation of monopolistically competitive markets is unnecessary, and that polices to encourage competition and prevent the abuse of monopoly power should focus entirely on oligopolies and monopolies.

1.5.4 Monopolistic Competition · 1.8.7 Competition Policy