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FCC Tightens Rules on Airwave Auction

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From the Associated Press

The Federal Communications Commission voted to require anonymous bidding at a June 29 auction to sell airwave rights.

The rules would help prevent companies from colluding to drive down prices.

The government, which plans to move the Defense Department and 11 other agencies to new frequencies, expects to auction 1,122 licenses and raise as much as $15 billion.

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