Other administrations have encountered some difficulties with spectrum auctions. How will the Department address this in Canada?
Although most, if not all, administrations that have run spectrum auctions have considered them to be successful, a few difficulties have been encountered. These include bid withdrawals and defaults, possible bid signalling, and submission of erroneous bids. Based on the advice we have received from some of the world’s leading auction experts and our continued analysis of auctioning around the world, we are very confident that we have effective solutions to these problems: bid withdrawal problems can be alleviated by implementing withdrawal penalties, defaults can be avoided by requiring bids to be paid in lump sum amounts, and bid signalling and erroneous bid submissions can be addressed with simple auction design modifications.
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- Other administrations have encountered some problems with spectrum auctions. How will the department address these problems in Canada?
- Other administrations have encountered some difficulties with spectrum auctions. How will the Department address this in Canada?
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