Will TRAI’s latest recommendation benefit the industry?
In Focus by The Hindu
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Is There a Reserve Price for Auctions?
Isay: By putting in a reserve price, you actually drive away people from auctions. So there is no point in having a very high reserve price and dissuading the bidders to icipated the auction. But i will still say that reserve price fall, especially for the 700 megads in metros and catarier arias, are too high for the biddERS to take any action during the auction.
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