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Tribunal to reconsider TREB's practices
The Federal Court of Appeal has overturned the Competition Tribunal’s decision on the Toronto Real Estate Board matter issued on April 15, 2013, stating that the Tribunal misinterpreted the abuse of dominance provisions of the Competition Act and that the Tribunal must reconsider the Commissioner of Competition’s application on its merits.
The Bureau’s appeal was based on its position that the Tribunal's ruling was based on an overly narrow interpretation of the Competition Act — the abuse of dominance provision. The Tribunal originally ruled that TREB, as an incorporated trade association, does not compete with its own members in the real estate brokerage market and therefore cannot be found to have contravened the abuse of dominance provision.
February 4, 2014 in Competition Tribunal, Toronto Real Estate Board | Permalink
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