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Canadian MLS dispute unresolved

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Settlement talks between Canadian Realtors and regulators over the rules governing Canada's national Multiple Listing Service (MLS) system have broken down, parties in the dispute said.The Competition Bureau of Canada says it will file a formal challenge of rules imposed by the Canadian Real Estate Association (CREA) that the Bureau says restrict competition -- including prohibitions against real estate agents offering consumers the option to pay a flat fee to list their home on the national MLS system.Consumers are required to purchase a predetermined set of additional services from a real estate agent, the Bureau said, such as the presentation of offers and negotiation of a final deal.The Bureau intends to take its case to the Competition Tribunal, a six-member, quasi-judicial body that decides disputes over issues including mergers, misleading advertising and restrictive trade practices."The Bureau is focused on striking down these anti-competitive rules, so that real estate ag...