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A broadcast license (U.S.) or broadcast licence (elsewhere) is a specific type of spectrum license that grants the licensee the privilege to use a portion of the radio frequency spectrum in a given geographical area for broadcasting purposes. The licenses are generally straddled with additional restrictions that vary from band to band. In some cases, the FCC does not assign licenses to any exclusive user, but allows qualified users to obtain a license The Radio Act of 1927 established the regulatory premise that persists to this day: the spectrum belongs to the public and that licensees have no property rights to continue using it. Although the spectrum is licensed to bidders, the purchase does not represent ownership or rights, only privileges to using that part of the spectrum.
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