A Review of the 10-40 GHz Auction

Abstract

In February 2008, Ofcom’s 10-40 GHz auction concluded. This was Ofcom’s first combinatorial clock auction. The auction used an innovative format intended to encourage an efficient assignment of the 27 lots. Each of the ten bidders won one or more lots. All 27 lots were assigned. This note briefly reviews the auction.Auctions, spectrum auctions, market design, package auction, clock auction, combinatorial auction