Ajit Pai

@AjitPai ↗

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Last Checked Nov. 28, 2022

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Mon Oct 12 14:57:48 +0000 2020

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Ajit Pai @AjitPai

In 1959, Ronald Coase wrote a seminal paper called, appropriately, “The Federal Communications Commission.” He identified numerous flaws in the centrally-planned approach to spectrum allocation and proposed that the @FCC assign spectrum instead through auctions. https://t.co/vz2XxMseRy — PolitiTweet.org

Posted Oct. 12, 2020 Hibernated

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Ajit Pai @AjitPai

For years, the @FCC allocated frequencies using what were called “beauty contests.” Applicants would lobby the agency on why their proposal was superior and merited a license. Highly inefficient, no revenue to @USTreasury, and companies “spent huge amounts of money on lobbying.” https://t.co/pkZFYtZQS4 — PolitiTweet.org

Posted Oct. 12, 2020 Hibernated

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Ajit Pai @AjitPai

Coase’s proposal for spectrum auctions was “was treated with extreme hostility” and “mocked by communications policy experts, opposed by industry interests, and ridiculed by policy makers” who said Coase knew little about spectrum, or even economics. https://t.co/I2U6niAGbg — PolitiTweet.org

Posted Oct. 12, 2020 Hibernated