Competition Bureau to investigate Quebec real estate services market

The Competition Bureau will be investigating conduct by the Quebec Professional Association for Real Estate Brokers (QPAREB) and its subsidiary, Société Centris, regarding real estate data sharing restrictions.

The Association, a non-profit organization with more than 14,000 real estate brokers and agencies, manages the multiple listing service (MLS) that collects Quebec real estate transaction data, which Quebec real estate brokers use as part of their brokerage services.

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