We briefly survey several insights about value and revenue maximization in multi-object auctions and apply them to the German (and Austrian) UMTS auction. In particular, we discuss in detail the exposure problem that caused firms in Germany to pay almost Euro 20 billion for nothing.

In this paper I review the Dutch UMTS-auction that took place in the summer of 2000 and which, in contrast to the UK and German auctions, was generally considered to be a major flop. I analyse the policy process leading to the auction as well as the bidding behaviour in the auction, and provide...

So far no general exclusive frequency licenses have been granted in Poland through an auction. In the Regulatory Strategy until 2015, President of the Office of Electronic Commu-nications pointed to auction as a method of choosing companies which will be granted fre-quency licenses from 800 MHz...