Rod Sims, the former chair of Australia’s competition law enforcer, says he believes the regulator should consider investigating the behaviour of the market’s leading real estate property portal, realestate.com.au, for potential anti-competitive behaviour.
The Greens have also hit out at what they say is an alleged “outrageous abuse of market power”, saying the price hikes arising from REA Group’s dominance underscored the need for new price-gouging laws.