Ajit Pai

@AjitPai ↗

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Last Checked Oct. 7, 2022

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Mon Oct 12 15:07:20 +0000 2020

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Ajit Pai @AjitPai

When Coase presented his idea to the @FCC, the reception was chilly. The first question: “Tell us, Professor Coase, is this all a big joke?” And two Commissioners deemed the odds of auctions being held equal to “those on the Easter Bunny in the Preakness.” https://t.co/l2VxUx8Cei https://t.co/EnZjUGIvB7 — 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

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Ajit Pai @AjitPai

It took THIRTY-FOUR YEARS for the wisdom of Coase’s idea to prevail. Congress in 1993 gave the @FCC spectrum auction authority. The first auction was held in 1994. — PolitiTweet.org

In 1959, Ronald Coase proposed that the @FCC allocate spectrum licenses through auctions. In 1993, Congress gave us… https://t.co/dUNU58A5Zn

Posted Oct. 12, 2020