(Source: Financial Post)
The Competition Bureau wants to block a network of independent private home sellers from participating in a hearing at the Competition Tribunal. The hearing is to determine if the real estate industry’s practices are anti-competitive.
It’s the latest twist in the battle between the Canadian Real Estate Association (CREA) and the government watchdog. CREA’s 98,000 agents, from more than 100 real estate boards across country, usually compete with private sellers for home listings.
Read the full article, “New twist in competition watchdog’s battle with realtors‘ in the Financial Post (April 21, 2010).