The Competition Bureau is investigating whether the Quebec Professional Association for Real Estate Brokers’ data\u002Dsharing restrictions are stifling competition…
The watchdog said Monday that it is looking into whether QPAREB and its subsidiary, Societe Centris, have engaged in practices that harm competition or that prevent the development of innovative online brokerage services in Quebec.Sign up to receive daily headline news from the Calgary SUN, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
Rounding out the bureau’s requests are copies of communications between QPAREB employees and members including complaints, requests, comments about the lack of or possibility of real estate data sharing and related disciplinary actions. “Respect for the rule of law is paramount and we believe that our practices comply with applicable regulations.”Much of the association’s data sharing activity is linked to a multiple listing service , where it collects Quebec real estate transaction data and makes it available to its 14,000 broker and agency members.Article content
However, the Competition Bureau has been keen in recent years to ensure limited public access to the systems doesn’t contribute to market dominance or ward off innovation within the sector.
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