Federal Communications Commission (FCC) Auction

The Federal Communications Commission (FCC) Auction is a process where the government sells rights to use specific parts of the wireless spectrum—like frequencies for cell phones and internet—to private companies. These auctions help allocate valuable spectrum resources efficiently, encouraging investment and innovation in telecommunications. Companies bid against each other, and the highest bidders win licenses to operate on those frequencies. This method ensures that spectrum, a limited and essential resource, is distributed fairly and transparently among broadcasters, mobile providers, and other users.