CRA economist Gregory Vistnes provided economic analyses and testimony on behalf of the Competition Bureau in its litigation regarding the exclusionary practices by the Toronto Real Estate Board (TREB). The long-running case, involving one of the largest real estate markets in North America, dates to 2011.
Assessing umbrella pricing incentives
When collusive agreements involve a subset of firms in an industry, they may create the incentive and ability for firms that are not participants in the cartel...