Other administrations have encountered some problems with spectrum auctions. How will the department address these problems in Canada?

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Other administrations have encountered some problems with spectrum auctions. How will the department address these problems in Canada?

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While most auctions that were conducted in other countries have been considered a success, a few problems have nonetheless been encountered. Based on expert advice and continued analysis of auctioning around the world, Industry Canada is confident that it has found effective solutions to these problems: • bid withdrawal problems can be alleviated by implementing a withdrawal penalty; • defaults can be avoided by requiring bids to be paid in lump sum amounts; and • bid signalling and erroneous bid submission problems have been addressed through simple auction design modifications.

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