Canada’s Competition Bureau says it is looking into whether artificial intelligence (AI) tools are being used by landlords to set higher rental prices.
AI price-fixing involves real estate companies using tools and software that track what competitors are charging for rents.
“If we find evidence of activities that could raise concerns under the law, we will take action,” Bureau spokesperson Cloe Bouchard said in an emailed statement.
It is an issue the federal NDP have previously raised, and MP Bonita Zarrillo introduced Bill C-423 last December, part of which is related to price-fixing by landlords. The bill was given first reading on Dec. 11….