In May 2008, Ofcom’s L-band auction concluded. This was Ofcom’s second combinatorial clock auction. The auction used an innovative format intended to encourage an efficient assignment of the 17 lots. Eight bidders competed for the lots. In sharp contrast to the first combinatorial clock auction, the 10-40 GHz auction, in which each of the ten bidders won spectrum, in the L-band auction there was a single winner—Qualcomm won all the lots. This note briefly reviews the auction.
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Paper provided by University of Maryland, Department of Economics - Peter Cramton in its series Papers of Peter Cramton with number
08rlba.
Length: 13 pages Date of creation: 2008 Date of revision:
2008 Publication status: Published in Office of Communications, United Kingdom, September 2008 Handle: RePEc:pcc:pccumd:08rlba
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Find related papers by JEL classification: D44 - Microeconomics - - Market Structure and Pricing - - - Auctions C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory L96 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Telecommunications
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