Loertscher, Simon; Marx, Leslie - In: Review of Industrial Organization 45 (2014) 3, pp. 245-273
transactions serve the public interest, convenience, and necessity. We review the FCC’s implementation of this component of the Act … and to define operational measures of “warehousing” licenses. Calibrating the model, we find little evidence of … warehousing and that the approved Verizon-T-Mobile-SpectrumCo transaction increased social surplus. Copyright Springer Science …