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
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village to preach the central and provincial Party Committee document No. 1 activities, the Party Organization Department selected 3 cadres of Huangzhong County Lan Long Kou Zhen ban Zhong Ying Cun, Ba Ying Cun and Zha Shi Ying Cun, do a good job of propaganda work, and actively contact with the relevant departments to coordinate and focus for the local people to do practical things.
to help farmers understand the grasp of the central and provincial No. 1 document of the essence, so that farmers get the benefits of municipal Party Committee Organization Department of the village propaganda group in conjunction with the county departments and township cadres, the villagers held a meeting, branch, forum, blackboard newspapers and Zhang Tiexuan posters, cultural events and other forms of spiritual depth about the central and provincial Party Committee document No. 1. At the same time, through visits to farmers, in-depth understanding of the situation in the village to grasp the public opinion, remember the public diary, timely reflect the situation, put forward opinions and suggestions. And actively with the township party committee and government and village "two committees" to discuss the strategy of scientific development, the grass-roots level to help clarify the development of ideas, develop work plans, grasp policy implementation.
Municipal Organization Department of the village in the village of the group also offered the initiative with the city of supply and marketing cooperatives, the Municipal Civil Affairs Bureau and other related units, three villages have been difficult for the masses and Party members to send fertilizer, flour, each of the 2 tons. That some people with disabilities due to the inconvenience of walking and rarely to outdoor activities, the coordination of the city CDPF for them to send a special wheelchair for the disabled 9. At the same time, the ministry leaders agreed that the Municipal Organization Department also specially composed the duties of a party member photography service team, with three working days, go to the village free for local people to shoot flush passport, Party members according to style and family portrait, there are elderly or disabled active site service to the home, 1860 pictures of three villages 370 more than 1 thousand and 200 villagers obligation.