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Competition Bureau investigating high tech price-fixing by Canadian landlords ⋆ The Breach

breachmedia.ca · 1,915 words · saved by 1 readers

Tenant organizing and independent reporting has sparked quiet investigation of corporate landlords by corporate law enforcement agency

Since early September, Canada’s corporate law enforcement agency has been investigating landlords over high-tech rental price-fixing, The Breach has learned. The investigation by the Competition Bureau was sparked by an article published in The Breach, which exposed how Canadian real estate developer Dream Unlimited and its property managers were using an artificial intelligence software known as YieldStar. The makers of YieldStar, who are being sued by the U.S. government, are accused of helping landlords collude to form a “housing cartel” that allowed them to raise rents in a coordinated…

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