NDP asks competition watchdog to probe potential rent-fixing by corporate landlords

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NDP asks competition watchdog to probe potential rent-fixing by corporate landlords
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The U.S. Justice Department filed the lawsuit last month against real estate software company RealPage Inc., accusing it of an illegal scheme that allows landlords to co-ordinate to hike rental prices.

OTTAWA — The NDP is asking the Competition Bureau to investigate whether Canadian corporate landlords are using the same AI software that sparked an antitrust lawsuit in the United States.

NDP MPs Alexandre Boulerice and Brian Masse sent a letter to commissioner Matthew Boswell asking the bureau to launch a probe into whether Canadian landlords have used the same software, YieldStar. A spokesman confirmed the bureau had received the letter but said he's unable to confirm whether it is or will be investigating the matter.

"If we find evidence of activities that could raise concerns under the law, the bureau will take action. "

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