StacksVerified U.S. regulatory reference

47 CFR §1.2207

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
The Commission may not enter into an agreement for a licensee to relinquish spectrum usage rights in exchange for a share of the proceeds from the related forward auction assigning new spectrum licenses unless at least two competing licensees participate in the reverse auction.