Le Lézard
Classified in: Business
Subject: EXE

Federal Court of Appeal upholds decision in favour of real estate innovation

Toronto Real Estate Board must stop restricting its members' use of real estate data

OTTAWA, Dec. 1, 2017 /CNW/ - The Commissioner of Competition welcomes the Federal Court of Appeal's ruling today in favour of competition and innovation in the Bureau's abuse of dominance case against the Toronto Real Estate Board (TREB).

The decision upholds an order issued by the Competition Tribunal in 2016 that requires TREB to remove restrictions on its members' access to real estate data - including historical listings and sale prices - for display online through virtual office websites.

This will allow home buyers and sellers to take advantage of a greater range of service options when making one of the most significant financial transactions of their lives. Opening up access to real estate data will allow member agents to offer consumers the convenience of data-driven insights into home sales prices and trends via the web, and to improve the efficiency and quality of their services.

The 2016 order followed the Tribunal's earlier ruling in favour of the Commissioner of Competition when it concluded that TREB ?has abused its dominant position in the Toronto residential real estate services market.

Quick facts


"Today's decision is an important win for competition and for consumers ? it paves the way for much needed innovation in the real estate industry. Anti-competitive activity that hinders innovation in the Canadian economy will continue to be a top priority for the Bureau."

John Pecman
Commissioner of Competition

Related Information

Federal Court of Appeal's summary of its decision 

Federal Court of Appeal decision

Associated links

June 3, 2016: Bureau welcomes Tribunal order addressing anti?competitive Toronto real estate practices

May 10, 2016: Competition Bureau releases detailed summary of reasons in Toronto real estate decision

April 28, 2016: Competition Tribunal rules in favour of the Commissioner in Toronto real estate case

July 24, 2014: Supreme Court Denies Toronto Real Estate Board's Application for Leave to Appeal Pro-Competitive Federal Court of Appeal Ruling

February 3, 2014: Federal Court of Appeal Overturns Competition Tribunal Ruling on Toronto Real Estate Board Case

May 14, 2013: Competition Bureau Appeals Competition Tribunal Ruling In Toronto Real Estate Board Case

April 15, 2013: Competition Bureau to Review Competition Tribunal Ruling

May 27, 2011: Competition Bureau Sues Canada's Largest Real Estate Board for Denying Services Over the Internet


The Competition Bureau, as an independent law enforcement agency, ensures that Canadian businesses and consumers prosper in a competitive and innovative marketplace.

Stay connected


SOURCE Competition Bureau

These press releases may also interest you

at 16:00
Itinerary for the Prime Minister, Justin Trudeau, for Monday, January 22, 2018: All times local. Ottawa, Ontario 8:45 a.m. The Prime Minister will depart for Davos, Switzerland. Canada Reception Centre (Hangar 11)...

at 10:00
Cheapinsuranceforyoungdriver.com has released a new blog post explaining how much can a good student discount help someone save on auto insurance. Although young drivers pay more for auto insurance, they can also benefit from a unique discount....

at 08:48
International Bank of Qatar (ibq) strongly denies any involvement in the alleged proposal worth $15.56 billion to Lega Serie A, the top Italian football division, regarding the League's broadcasting rights.      (Logo:...

at 08:21
- In partnership with Community Jameel and collaboration of strategic partners Riyada, Omantel and Zain Group as a digital partner - Money prizes exceed 160,000$; Final Award ceremony in Oman, 19 April 2018 The MIT Enterprise Forum (MIT EF) of the...

20 jan 2018
Within its first 48 hours of release, World of Ether, a new Ethereum based game, sold almost $500,000 of digital eggs in its "egg presale." These eggs hatch into digital monsters upon launch of the full game. World of Ether, also called WoE, takes...

20 jan 2018
In the fast-moving 21st century with a 7-billion strong population ? accessing any consumer service requires identity information ? signing up on websites, e-commerce checkouts, accessing private properties, buying bitcoins, or getting loans....

News published on 1 december 2017 at 17:22 and distributed by: