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The FCC placed rules on public safety for the auction. 20 MHz of the valuable 700 MHz spectrum were set aside for the creation of a public/private partnership that will eventually roll out to a new nationwide broadband network tailored to the requirements of public safety. The FCC offered the commercial licensee extra spectrum adjacent to the ...
Auctioneer – the person conducting the actual auction. They announce the rules of the auction and the items being auctioned, call and acknowledge bids made, and announce the winner. The auctioneer can sometimes just be the owner of the business, in which case they may hire a bid caller/s to announce the rules and call bids.
A spectrum auction is a process whereby a government uses an auction ... (similar to a Silent ... Each spectrum auction has established rules and regulations, as ...
Dutch auctions are all sellers' bidding auctions, also known as silent auctions, which can be divided into two types. Manual silent auction is an early traditional form of price reduction auction, in which the auctioneer first publicly quotes the highest price, and then the bidders respond accordingly. In the event of a price that no one bids ...
License to use spectrum was originally determined by committee, however, since 1993 it has been determined by an auction to assure that the licensee is both qualified and motivated to make best use of this commodity. [5] For example, an FM station in Iowa was recently [when?] auctioned for $4,397,250. [6]
When Schandler writes the auction rules, his client is virtually guaranteed to win. Manny Farach, a West Palm Beach real estate lawyer who served as the past chair of the American Bar Association ...
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