Companies planning to bid on vacant broadcast spectrum must abide by government restrictions against cooperating on auction planning. A federal appeals court last week upheld the FCC's anti- collusion rules, which prohibit companies that have filed applications to participate in broadcast-spectrum auctions from discussing their bidding strategies or negotiating settlement agreements.
A host of companies challenged the rule, arguing that applicants should have a window of time to strike a settlement deal and eliminate the need for an auction. But the court said the rule is an "entirely reasonable" way to make sure the government maximizes spectrum licensing revenue.
The smarter way to stay on top of broadcasting and cable industry. Sign up below.
Thank you for signing up to Broadcasting & Cable. You will receive a verification email shortly.
There was a problem. Please refresh the page and try again.