News Summary

• The Competition Bureau launched an investigation into the use of algorithmic pricing software for rental housing in Canada.
• The agency said in a position statement that revenue management software products supplied by RealPage Canada Inc. and Yardi Canada Ltd., “have not been found to be sufficiently widespread in Canada as to substantially harm competition” Both companies’ software tools are offered in Canada, however the Bureau said its investigation found that landlords significantly reduced their use of these products since late 2024.
• In August 2024, a civil antitrust lawsuit was filed by the United States Department of Justice (DOJ) against RealPage.