Read this quarter’s Intermedia here


IIC Blog – Why trust is an essential component of the Spectrum auction

Share this

Why trust is an essential component of the Spectrum auction

Geoffrey Myers argues that the reputation of the auction regulator can be thought of as 'essential market infrastructure.'

Spectrum auctions can work out broadly as expected, be highly successful, or go embarrassingly wrong. What is often not appreciated is the extent to which the quality of institutions, and especially the reputation of the regulator running the auction, can affect its outcome. Market participants expect an auction to be run with integrity, honesty and fairness.


Leave a Reply

Your email address will not be published. Required fields are marked *

The cultural context for auctions is important. In countries with weaker institutions or low levels of trust in public agencies, the regulator can struggle to develop the reputation necessary to hold auctions that are regarded as safe and secure by market participants.

Geoffrey Myers Geoffrey Myers Visiting Professor in Practice, London School of Economics and Political Science,
You may also like... Blog
Comment: EU Court of Justice annulled the General Court’s judgment in the Three-O2 case – potential implications for in-market mobile consolidation 28.07.2023
Round-up of the latest industry news – June 2023 28.06.2023
roundup latest industry news may
Round-up of the latest industry news – May 2023 27.05.2023


Regulatory Watch – February 2024 28.02.2024
Telecomunications and Media Forum, North America 21.02.2024
Round-up of the latest industry news – January 2024 30.01.2024
IIC President announcement 15.01.2024
View All
Back to the top

The IIC is the world's only policy debating platform for the converged communications industry

We give innovators and regulators a forum in which to explore, debate and agree the best policies and regulatory frameworks for widest societal benefit.

Insight: Exchange: Influence

We give members a voice through conferences, symposiums and private meetings, as well as broad exposure of their differing viewpoints through articles, reports and interviews.

The new website will make it easier for you to gather fresh insights, exchange views with others and have a voice in the debate

Take a look Learn more about our updates
Please upgrade your browser

You are seeing this because you are using a browser that is not supported. The International Institute of Communications website is built using modern technology and standards. We recommend upgrading your browser with one of the following to properly view our website:

Windows Mac

Please note that this is not an exhaustive list of browsers. We also do not intend to recommend a particular manufacturer's browser over another's; only to suggest upgrading to a browser version that is compliant with current standards to give you the best and most secure browsing experience.