All Article Summaries
These article summaries are written by TAP staff members. TAP’s purpose for this section of the site is to present information, points of view, research, and debates.
Reclaiming Spectrum from Incumbents in Inefficiently Allocated Bands: Transaction Costs, Competition, and Flexibility
Some electromagnetic spectrum is used inefficiently. In reclaiming this spectrum for allocation to more efficient uses and users, the FCC may choose between a simple overlay auction and a more complex two-sided auction.
The 1996 Telecommunications Act was intended to open communications markets to competition. Legislators did not foresee the role that the Internet and wireless service would play in increasing competition; instead, they emphasized the importance of local telephone networks.