Nearly 20 years ago UK regulator Ofcom adopted the approach that relying on free market forces is the best way to manage spectrum assets and ensure efficient use. Professor William Webb, who at the time was the director of Technology resources at Ofcom was deeply involved in setting this new course for spectrum policymaking.

Today, 20 years later, Webb together with Professor Stephen Temple has taken an axe to this strategy in their new book. In this episode of our podcast, Webb discusses his new book with journalist Richard Haas and explains why it is so critical of the free market spectrum policy policies.