Proposed FCC Incentive Spectrum Auctions: The Importance of Re-Optimizing Spectrum Use
The Federal Communications Commission’s (FCC) request to undertake incentive auctions that would allow up 120 MHz of high-quality spectrum currently used by television broadcasters to be reallocated to a more economically beneficial use, would likely generate large revenues for the government. More importantly for the overall U.S. economy, the incentive auction will help move a scarce resource to a more valuable use to the benefit of our economy and society. If given the authority and flexibility to properly design the incentive auction, it is an undertaking of which the FCC is capable of executing. The benefits of this auction will so greatly outweigh the costs that Congress should allow the FCC to undertake this incentive auction.