10/9/2013

Leslie Marx, an economics professor at Duke University, asserts that AT&T and Verizon Communications should be allowed to bid freely in the upcoming incentive auction of wireless spectrum by the Federal Communications Commission. "The spectrum to be auctioned has been estimated to be worth as much as $36 billion to wireless companies if it is sold in a fair, transparent and inclusive auction," he writes. "But in this two-sided auction, the money raised from wireless carriers needs to pay for the broadcasters to give up their spectrum. If the FCC restricts Verizon and AT&T from bidding, the auction probably won’t raise as much money."

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