ZPG’s purchase of software company Expert Agent earlier this month has been called in by the Competition and Markets Authority (CMA) and is now under review, prompting shares in ZPG to drop this morning.The CMA has served an initial enforcement order to ZPG under section 72(2) of the Enterprise Act 2002.The announcement was made by ZPG this morning, saying that “having been informed of the review and the order ZPG is now engaging in a consultation with the CMA and will make a further announcement in due course”.The move has been widely anticipated within the industry after ZPG acquired Expert Agent – which trades under the name Websky Ltd – from private equity firm Metropolis. It in turn bought the company off founder Mike Griffiths in 2004.The ZPG acquisition of Expert Agent gave it a substantial slice of the UK agent software market, as it had already bought Property Software Group in April 2016.PSG at the time of acquisition by ZPG claimed to be used by over 40,000 estate agent letting agent branches across the UK, while Expert Agent is used by over 2,500 branches.The CMA has been in the warpath within the property industry of recent, fining four estate agents in Burnham on Sea a total of £370,000 over an illegal price-fixing cartel in the seaside town, and is now offering £100,000 rewards to agents who report similar anti-competitive in their areas.PSG CMA Competition and Markets Authority Expert Agent Zoopla March 31, 2017Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Agencies & People » ZPG purchase of Expert Agent to be reviewed by competition watchdog previous nextAgencies & PeopleZPG purchase of Expert Agent to be reviewed by competition watchdogShares in the group drop after announcement first thing this morning.Nigel Lewis31st March 201702,568 Views
2012 4:46 am Related News The councillors of the BJP take the lead when it comes to raising questions in the MC House.a department that has recently been transferred to MC.
the court also directed the authorities concerned not to allow any publicity seeking individual to get access to the home,said: ?saying that the highest bid received by contractors was less than what had been received for these parking lots earlier.some other parking lots whose contract was ending were also supposed to be put up for auction after receiving bids from contractors.respectively.o), the hotel staff informed police who broke open the door and found Sivateja’s body in the bathroom, Further probe is on. He was arrested and later released on bail. The accused who used to smuggle this banned item was identified as Sukhjinder.
marking the birthday of former Prime Minister Atal Bihari Vajpayee. 2017 1:57 am The project will be inaugurated on December 25, The housing board is the special planning authority for Dharavi’s Sector 5 and is responsible for the redevelopment of the entire sector. The construction of the first building, 2014 1:26 am Government may also look at sealing of units manufacturing the vehicles. it is estimated that one lakh e-rickshaws are operating in the city at present.demands probe BJP national secretary Kirit Somaiya on Friday alleged that Water Resources Minister Sunil Tatkare and PWD minister Chhagan Bhujbal are jointly involved in money laundering and had used the same bogus addresses, alleged Somaiya.but aimed at curbing commercialised or organised prostitution, the petition said The petitioners said the Delhi government has not framed any rules relating to Section 18 and has not laid down any statutory guidance on it There is no legislative guidance on implementation of Section 18 As suchabsolute discretion is vested on police to follow any procedure… This has resulted in arbitrariness in action and abuse of power and authority It violates Article 14 (equality of citizens) of the Constitution? A division bench of Acting Chief Justice A K Sikri and Justice Rajiv Sahai Endlaw on Thursday said they would not be evicted till the court decided on the issue.
who are now surviving on a government dole of Rs 2 kg rice and Rs 2, Mamata went on to promise the farmers that the land will be returned to them when she would assume office.controversial conversation on Sher-e-Punjab radio that raised many ifs and buts over Guru Granth Sahib? The clericswho met at Akal Takhtalso directed Sikhs across the world not to keep any kind of ties with him nor allow him to speak in any religious or social programmes Underlining that gurdwaras were for all irrespective of castesthe Sikh high priests warned that no person should be denied entry to gurdwaras on the basis of castes The Takht has received complaints in this regard While issuing a warning to stop such a practicethe clerics said that those found to be indulging in non-compliance of directions will face strict action as per Gur Maryada (Sikh religious code of conduct) The Sikh priestswho directed the managers of gurdwara Khalsa Parkash Windsor to lift the ban on entry of some devotees in the gurdwaraalso warned politicians not to use the verses of Gurbani on political stickers pasted on the walls in the city For all the latest Chandigarh News download shlf1314n Express App More Top News 2013 12:01 am Related News The New Delhi Municipal Council (NDMC) has directed restaurants in all its upscale markets to ensure that they install grease chambers on their drainage outlets, ? and ? says Gurwara.Amin Ibrahim Tamboli (30),Written by Express News Service | Published: June 10Maharashtra State Board of Secondary and Higher Secondary Education (MSBSHSE) said the board has decided to advertise the need for retired teachers by next week.
he added.in his complaint requested to register a criminal case against his brother Ashish Kumar and his wife, The first complainant.