Abstract
In 1985 then Federal Communications Commission (FCC) Chairman, Mark Fowler, first asked for permission from the U.S. Congress to use auctions in the assignment of spectrum licenses. This request was denied. In fact, successive FCC Chairmen asked Congress for this authority every year until the authority was finally granted in 1993. In the Omnibus Reconciliation Act of 1993, Congress finally provided the FCC with the statutory authority to conduct spectrum auctions. This led to the FCC’s first spectrum auctions being conducted in 1994. Since then the FCC has conducted over 37 auctions with total net high bids summing to over $40 billion.
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