Competition Bureau says algorithmic rent pricing a concern, but not widespread

News Room
By News Room 2 Min Read

OTTAWA – The federal Competition Bureau says it hasn’t found evidence that using computer software to recommend rent prices reaches the point of anti-competitive behaviour, but it remains concerned about possible issues. 

The practice, known as algorithmic pricing, involves software that may be used to analyze non-public competitor pricing, potentially artificially inflating rates. 

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