Representatives of T-Mobile, widely viewed as a likely...
Representatives of T-Mobile, widely viewed as a likely bidder in the pending incentive auction of broadcast TV spectrum, discussed bidding mechanisms during the auction with top FCC officials, including Wireless Bureau Chief Ruth Milkman and Gary Epstein, head of the…
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agency’s Incentive Auction Task Force. T-Mobile was represented in part by Gregory Rosston, deputy director of the Stanford Institute for Economic Policy Research. “T-Mobile discussed the possibility of using a bid withdrawal mechanism in lieu of package bidding to solve the risk of geographic exposure,” said a filing on the meeting (http://bit.ly/11DRTIM). “In response to the observation that allowing bid withdrawals could create a risk for strategic behavior, T-Mobile’s representatives suggested that the Commission could impose a nominal fee for withdrawal where the withdrawing bidder might pay some fraction of the price bid. T-Mobile’s representatives also discussed nationwide bids or pre-set population minimums as a possible solution to the complexity of package bidding.”