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Proceedings of the Workshop - United Nations Office for Outer ...

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Typical Property Rights Case Auctioning <strong>of</strong> frequency spectrum• In <strong>the</strong> USA, winner/licensee shall have <strong>the</strong> right to use and sell <strong>the</strong>frequency spectrum, while ownership is denied expressly in <strong>the</strong>statute. Exclusive right to use• In <strong>the</strong> Korea, <strong>the</strong> radio communication law provides <strong>the</strong> provisionallowing <strong>the</strong> exclusive right to use in favor <strong>of</strong> <strong>the</strong> licensee whopays <strong>the</strong> appropriate price <strong>for</strong> frequency.

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