In an email statement to REM, TREB confirmed that they have filed a Notice of Appeal and are reviewing the Competition Tribunal’s recent order but are saying little else, stating that “the matter is still before the courts.”
After hearing nearly a full day of oral submissions from lawyers on proposed remedies for TREB’s anti-competitive behaviour, the Competition Tribunal closed the day by summarizing its general position.
While the Competition Tribunal has partially granted the Commissioner of Competition’s application against the Toronto Real Estate Board (TREB), it remains to be seen what the specific terms of the ruling will be.
Day six of the Competition Tribunal hearing between the Commissioner of Competition and the Toronto Real Estate Board (TREB) continued in Ottawa Tuesday with former TREB CEO Don Richardson resuming his place on the stand.
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