IBonomics
Regulation
Google Search Monopoly: Government Action Against Market Power
United States2020–present
A US court found Google illegally maintained search monopolies and imposed rules designed to make it easier for rivals to compete.
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Regulation: Real-World Examples
Worked IB Economics case studies on regulation — what happened, how to deploy it in a 15-mark answer, and the evaluation points on both sides.
Regulation
EU AI Act and AI Music: Reducing Asymmetric Information
European Union2026–present
EU transparency rules require AI-generated audio to be detectable, aiming to reduce information gaps between creators and listeners.
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Regulation
JetBlue–Spirit Merger: Government Action to Protect Competition
United States2022–2024
A US court blocked JetBlue's $3.8 billion takeover of Spirit, finding that the merger would reduce competition and harm many travellers.
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Regulation
European Car Recycling Cartel: Collusion in an Oligopoly
European Union2002–2025
EU regulators fined major carmakers €458 million for colluding on vehicle recycling, showing how governments can tackle cartel behaviour.
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Regulation
EU Emissions Trading System: Reducing Industrial Carbon Emissions
European Union2005–present
The EU uses tradable pollution permits to make firms pay for carbon emissions and reduce the negative externality from production.
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