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When Spectrum Auctions Fail
you have been a bit fuzzy on how
spectrum auctions work (or don't work, per
author Mitchell Lazarus), then this article might be worth perusing.
A brief history on the pre-auction days and how the system worked then,
versus the government-manipulated environment now in effect. In its
ever-increasing mission to extract money from productive enterprises,
the FCC has caused an enormous waste of available spectrum. Rather than
creating an electromagnetic platonic utopia, it has largely mucked up
the works. The same type of bureaucrats will soon be running our health