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FCC moves to sell airwaves at auction

FCC moves to sell airwaves at auction

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WASHINGTON - Under new rules designed to increase competitive bidding, companies that want to sell such wireless services as high-speed Internet and video will be able to buy a big chunk of airwaves at a government auction.

The Federal Communications Commission voted Wednesday to require anonymous bidding at the June 29 auction to prevent companies from colluding to keep out competitors and to drive prices down. Bidding would be open, though, if the FCC determines that enough companies are seeking licenses to keep the auction competitive.

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