Industry Canada retained CRA to design spectrum auctions and to provide auction software to conduct the spectrum auctions. CRA provided a simultaneous multiple round (SMR) auction design as well as a version of CRA’s Auction Management System (AMS) and Bid Tracking Software (BTS). Industry Canada relied on CRA’s design and system for its first spectrum auctions.
Auction design could streamline TikTok's US asset sale
In August, President Donald Trump signed an executive order mandating that TikTok either: (1) sell its U.S. operations and transfer TikTok’s American user data...