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Title: How (Not) to Run Auctions: The European 3G Telecom Auctions

Author(s): Paul Klemperer

Publication Date: February 2002

Keyword(s): 3g, auctions, bidding, spectrum auctions, telecommunications and umts

Programme Area(s): Financial Economics, Industrial Organization and Public Economics

Abstract: There were enormous differences in the revenues from the European ?third generation? (3G, or ?MTS?) mobile-phone license auctions, from 20 Euros per capita in Switzerland to 650 Euros per capita in the UK, though the values of the licences sold were similar. Poor auction designs in some countries facilitated collusion between firms and failed to attract entrants. The sequencing of the auctions was also crucial. We discuss the auctions in the UK, Netherlands, Germany, Italy, Austria, Switzerland, Belgium, Greece and Denmark.

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Bibliographic Reference

Klemperer, P. 2002. 'How (Not) to Run Auctions: The European 3G Telecom Auctions'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=3215