AT&T-Funded Politicians Accuse Google Of Gaming The Spectrum Auction System

from the please-explain dept

We've already explained why Google's actions in the recent 700 MHz spectrum auction wasn't "fleecing" taxpayers as some lobbyists had contended. Yet, it appears that the lobbying has been effective. A set of Congressional representatives have started asking whether or not Google gamed the system. This is a pretty bizarre claim against a company that put up $4.6 billion in an auction and was then outbid. Clearly, in putting up the bid, there was a chance that Google could have won and had to pay the $4.6 billion. There's no rule that Google had to keep bidding. The company stopped at the point at which it was comfortable bidding. Of course, it will probably surprise no one that if you look at the top campaign contributor to all 3 representatives attacking Google's actions, you'll notice a pattern (in the letters A, T and T). Check it out for yourself. There's Fred Upton, Cliff Stearns and John Shimkus. You think that had something to do with their opinion on the spectrum auction process? Nah...
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Filed Under: 700 mhz, auction, politics, spectrum
Companies: at&t, congress, fcc, google


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  1. identicon
    MATT, 17 Apr 2008 @ 8:20am

    Re: There is no Game= yep, = tough luck

    From a reality perspective, they made a bid they can afford. There is no gaming of the system at that point in that other people bid more than that.

    Jeezus christ ATT is really stupid on this.

    "I only wanted to pay 5 dollars for something, someone else said they'd buy it for 6. I said I really want it though, so I paid 7 to make sure it's mine. Now I'm blaming you for saying you'd buy it for 6"

    In a nutshell, that's ATT....whine somewhere else.

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