Andrew Heenan > "How can it be sensible to give control in perpetuity to a commercial enterprise?"
Roger Moore > While I agree that this is not the most sensible suggestion you do have to remember that "perpetuity" just means "until the government changes it mind" which probably means not that long if you are not actually using the spectrum for something popular.
Control in perpetuity of the money supply through the provision of credit was given away by the US government to a private company through the Federal Reserve System in 1913, and by the UK government to a private company through the Bank of England some 200 years previous to that. A monopoly like that would be worth killing for to protect, you might think, and you would be right.
The rest, as they say, is history... (and when you read it, forget about goodies and baddies, us and them, west and east, liberal and fascist ideologies, and just follow the money).
Except that very recently the kite has come off the string, due to the sub-licensees grandiose ideas for exploiting their "resources" in a way which neither the monopoly licensees nor the governments could comprehend nor control. Which bring us to the present. None of these "broadcasters" wants to trade "content" with the others for fear of buying worthless "noise".
Ofcom's proposal seems so very 20th century. It would be laughable except that there are people who would take them seriously. People like nu labour for example.