"Optimal use of EM spectrum"
Clearly the dimwits at OfCom have fallen into a Friedman-esque error of thinking that the only measure of value is a monetized one.
I wonder what value they place on human life in their spreadsheets? Or the value of TV & stage productions to society, other than the simpleminded monetary value?
I say Friedman-esque in memory of Milton Friedman, the man responsible in large part for corporate focus on share value at the expense of all else.