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How important this is, says Paul Klemperer, an Oxford economics professor, depends partly on the rules of the auction.
ECONOMIST: Mergers
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True, says Paul Klemperer, a professor of economics at Oxford University, but collusion might have benefited all of them.
ECONOMIST: How do competitors avoid driving down each other's fees?
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This suggests an inefficiency in the auction design, since the same coverage ought to cost the same amount, says Paul Klemperer, an economist at Oxford University who helped design Britain's spectrum auction.
ECONOMIST: Mobile telecoms
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In a forthcoming article, Jeremy Bulow of Stanford Business School and Paul Klemperer of Oxford University use theory to show that such price caps mean those who value a good most do not necessarily get it.
ECONOMIST: Banning hosepipe use is a poor solution to a water shortage
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Colin Davis got his big break in 1959 when Otto Klemperer fell ill and he took his place at the Royal Festival Hall to conduct a concert performance of Mozart's Don Giovanni, with Elisabeth Schwarzkopf and Joan Sutherland.
BBC: Obituary: Colin Davis