System and method for the efficient clearing of spectrum encumbrances
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United States of America Patent
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Jun 3, 2014
Grant Date -
Jul 12, 2012
app pub date -
Mar 26, 2012
filing date -
Dec 21, 1999
priority date (Note) -
In Force
status (Latency Note)
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Abstract
The present invention is a system and method to sell or procure complementary goods. A complementary good according to the invention is a good whose value or utility is enhanced when paired with another good, such a pair of goods is a communication license to encumbered spectrum and a complementary clearing right to clear the spectrum of its encumbrance. The invention provides automated procedures to facilitate the fashioning and sale of clearing rights so as to enhance the value of the communications license.
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