What is a price-based allocation of spectrum?
It is the allocation of a licence by auction, tender, pre-determined price or negotiated price. This contrasts with auctions by other means, such as a lottery, a queuing system (such as first come first served over the counter) or an administrative system like a ‘beauty contest’. A beauty contest is where tenders are evaluated against policy criteria other than price alone, such as the social benefits of the service proposed, the commercial status and viability of the tenderer and other criteria.
