BrokerageIndustry News

Canada questions real estate competition

Competition Bureau officials again travel to U.S.
Published on Apr 21, 2009

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by CareyBot

In March 2007 the Canadian Competition Bureau, the country's equivalent of the U.S. Federal Trade Commission and U.S. Justice Department's Antitrust Division, met with limited-service real estate brokers in the U.S.

The meetings were part of a bureau examination (see Inman News) that eyed passed and proposed multiple listing service-related restrictions on limited-service and flat-fee brokers and whether those restrictions limited competition within the real estate industry.