Competition Bureau Canada
The Competition Bureau has obtained a court order to advance an investigation into conduct by the Quebec Professional Association for Real Estate Brokers (QPAREB) and its subsidiary, Société Centris, related to real estate data sharing restrictions.
QPAREB manages the multiple listing service (MLS) that collects Quebec real estate transaction data. Quebec real estate brokers use the MLS as part of their brokerage services.
The Bureau is investigating whether the QPAREB has engaged in certain practices that harm competition in the real estate brokerage services market or that prevent the development of innovative online brokerage services in Quebec.
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