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FCC Chairman confirms plan to limit buying power of AT&T, Verizon

Leading up to this article, there was a lot of speculation about the FCC’s position in their upcoming spectrum auction. A call to action from several smaller carriers asked that the regulatory body limit the purchasing power of the two largest domestic carriers, Verizon and AT&T. In a move that could limit the FCC’s income from the auction, Chairman Tom Wheeler has confirmed he wants to limit the power AT&T and Verizon have.