Digital markets worldwide are in rapid flux. The Internet and World Wide Web have traditionally evolved in a largely deregulated environment, but recently governments have shown great interest in this rapidly developing sector and are imposing regulations for a variety of reasons that are...

Competition policy attempts to address the potential for market failure by encouraging competition in service markets. Often, in wireless communication service markets, national regulatory authorities seek to encourage entry via the spectrum assignment process. Instruments used include the...

This paper examines the relationships between spectrum auction design and the prices paid for national 3G wireless licenses. Of particular interest is how auction features that can be modified by policy-makers determine prices paid for spectrum. Our theoretical and empirical analysis is based on...