According to the text, which of the following best describes the process the FCC used to allocate spectrum licenses to telecommunications providers?
A. Licenses were auctioned one at a time, to the highest bidder.
B. Licenses were first sold to telecommunications providers that already had contracts with the government.
C. All licenses were auctioned off at the same time.
D. The government charged the same price for each license.
C. All licenses were auctioned off at the same time.
Economics