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
September 28th, the reporter learned from the provincial Civil Affairs Department, as of now, the province has 12 difficult masses to enjoy the medical treatment of major diseases relief policy, an average of $45 thousand per person to get relief.
it is understood that in order to make the misfortune to week’s emergency aid, Yu illness tolls were to survive, in our province this year to improve the social assistance system, establish and implement a comprehensive system of major diseases Medical aid. The city of three rural five, orphans, object, urban and rural living in low-income families with severe disabilities, focus groups and cost personal burden of the low income medical assistance objects totaled 30 thousand yuan above can enjoy 60% medical assistance of major diseases; led to the general residents because of a serious illness medical expenses greatly troubled family life and the personal burden of medical expenses totaled more than 80 thousand yuan can enjoy 50% major diseases, medical aid, assistance limit of up to 100 thousand yuan per person per year. With the work of medical and health system reform in our province deepening medical assistance "transparency" has become increasingly prominent role, the role of major diseases assistance in support of the serious difficulties of the masses more prominent. Chengbei District of Xining city residents object Mu Moumou has recently enjoyed great disease medical assistance, this is our province this year, major diseases assistance system since the implementation of the first people enjoy the medical assistance of major diseases. 2015 Moumou because of uremia multiple visits, hospitalization costs up to 475 thousand and 500 yuan. After the basic medical insurance, serious illness medical insurance and minimum living expenses after the hospital rescue, personal self payment is still nearly 100 thousand yuan. North District Civil Affairs Bureau in accordance with the provisions of timely Mu Moumou catastrophic illness medical assistance payments 37 thousand and 500 yuan, plus subsistence allowances before hospitalization assistance, civil affairs departments at present for a total of Mu Moumou issued a total of 72 thousand yuan of medical assistance, medical assistance of major diseases will this endangered family back to normal life track. Up to now, the province has 12 difficult masses to enjoy the medical treatment of major diseases relief policy, the average person to get relief of $45 thousand.