search query: @freeterm collusion / total: 14
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| Author: | Klemperer, P. |
| Title: | How (not) to run auctions: The European 3G telecom auctions |
| Journal: | European Economic Review
2002 : APR, VOL. 46:4-5, p. 829-845 |
| Index terms: | Auctions Bidding Telecommunications industry Mobile phones Antitrust Europe |
| Freeterms: | Collusion UMTS 3G |
| Language: | eng |
| Abstract: | There were enormous differences in the revenues from the European "third generation" (3G, or "UMTS") mobile-phone license auctions, from 20 Euros per capita in Switzerland to 650 Euros per capita in the UK, though the values of the licenses sold were similar. Poor auction designs in some countries facilitated collusion between firms and failed to attract entrants. The sequencing of the auctions was also crucial. This paper discusses the auctions in the UK, Netherlands, Germany, Italy, Austria, Switzerland, Belgium, Greece and Denmark. |
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