Over the last decade, the United States and Canada overhauled their telecommunications markets through deregulation, using two different approaches. Because it is less regulation-intensive, the Canadian approach appears to be more desirable in the transition to competition

Fifteen scholars on auctions and telecommunications regulation urge the FCC to cancel bids made in, or permit winning bidders to opt out of, the reauction of the NextWave licenses in Auction 35. For auctions to function efficiently, buyers and sellers must follow basic rules, including the rule...