Competition and Markets Authority reviewing acquisition of ‘Expert Agent’ by ZPG.

In a recent ‘Breaking News’ article  posted 2nd March we highlighted the fact that ZPG PLC  had acquired ‘Expert Agent’.

In a UK regulatory announcement released on Friday 31st March ZPG stated that the Competition and Markets Authority (“CMA”) is reviewing the Company’s acquisition of Websky Limited (“Expert Agent”) and that, accordingly, the CMA has served an initial enforcement order under section 72(2) of the Enterprise Act 2002 (“the order”).

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.

To read details in full regarding the lastest announcement 31st March click here.

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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