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
clothing can be said to be the most popular entrepreneurial projects, many entrepreneurs have gradually learned that a good brand of clothing to bring the economic benefits and reputation. So, you want to clothing to join friends, clothing to join the misunderstanding you know?
clothing to join a misunderstanding: anyone can open a clothing store
a lot of people believe that the opening of the clothing store for investor education, IQ requirements are not high, anyone is suitable for. In fact, the opening of the clothing store on the investor’s personality, ability, experience is required. For example, the need for a rational personality, good interpersonal skills and management capabilities, and these factors to a large extent determine the success of investors. Therefore, investors in the clothing stores should first ask yourself a few questions: whether to have the entrepreneurial passion, with entrepreneurial potential, whether the ability to work with people, to join the chain of clothing business, whether there is sufficient understanding. Gehangrugeshan this sentence is also applicable to clothing stores.
clothing to join the error two: once and for all investment
some investors believe that after joining the clothes can be lying on what not to do, all by the headquarters to manage their own just waiting to enjoy their achievements. In fact, this kind of pie in the sky is impossible. Headquarters can provide to the clothing store, but a set of clothing franchise business model. Clothing franchisee only in accordance with its experience and guidance, to follow the prescribed order, effectively, can be successful. In other words, if you want to succeed, you need to work together with your headquarters. Otherwise, even if the headquarters in an effort to play the role of guidance, supervision, and clothing franchisee who does not make the appropriate investment, then the last only to stand in the queue losers. Success is not a dream to make money out of the struggle to come.
clothing to join the error three: package earn not lose the sale of
garment successor to inherit the mature business model, enjoy centralized procurement, centralized advocacy, professional guidance and other services, which will undoubtedly help to improve the success rate of entrepreneurship. However, the benefits and risks are always in the same, absolutely guaranteed to earn nothing is not exist. Therefore, entrepreneurs should rationally deal with chain clothing to join, there must be a sense of risk and psychological endurance.
in the elimination of the above errors, to ensure the success of the chain clothing to join, to remind investors to pay attention to the following:
clothing to join the attention of a: investment plan before
intends to join the chain of apparel industry investors, no matter what the industry, no matter what kind of project, >