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Does spectrum auctioning harm consumers? Lessons from 3G licensing

机译：频谱拍卖会伤害消费者吗？ 3G许可的经验教训

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摘要

Although the auctioning spectrum is generally considered to be highly successful, many countries still rely on beauty contests to assign spectrums. This is often attributed to the negative perceptions about the potential problems that auctions may cause, such as high licensing fees, high consumer prices, a lower incentive to invest in infrastructure, and concerns about market concentration. To address these negative perceptions, this paper estimates the effects of the auctions and the licensing fees for the 3G spectrum on consumer prices, the timing of a new service launch, and the market structure using data from the mobile markets of 21 OECD countries. Although our study uses a relatively small sample and a simple methodology, the results are meaningful since it examines a single service (3G) in OECD countries. Some of these countries have adopted auctions while others have used the traditional beauty contest approach. This combination provides a natural experiment to evaluate the impact of auctions on the mobile telecommunications market. The estimation results show no evidence to support claims of negative effects of spectrum auctions in the mobile communications market. This study calls for more positive action toward spectrum auctions in many countries who seek to improve the efficiency and transparency of spectrum assignment.
机译：尽管人们普遍认为拍卖频谱非常成功，但许多国家仍然依靠选美比赛来分配频谱。这通常归因于对拍卖可能引起的潜在问题的负面看法，例如高昂的许可费，高昂的消费者价格，对基础设施投资的较低动机以及对市场集中度的担忧。为了解决这些负面看法，本文使用来自21个OECD国家移动市场的数据，估算了3G频谱的拍卖和许可费对消费者价格，新服务推出的时间以及市场结构的影响。尽管我们的研究使用了相对较小的样本和简单的方法，但是由于它研究了OECD国家中的单一服务（3G），因此结果是有意义的。其中一些国家采用拍卖方式，而其他国家则采用传统的选美比赛方式。这种结合提供了一个自然的实验，可以评估拍卖对移动电信市场的影响。估计结果表明，没有证据支持在移动通信市场中频谱拍卖产生负面影响的说法。这项研究呼吁在许多寻求提高频谱分配效率和透明度的国家中对频谱拍卖采取更积极的行动。

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