Latest Financial Training Post
How Regulators Read Profitability Metrics
When competition lawyers hear “profits,” they often think of abuse of dominance…
The “Relief Rally”: Why Antitrust Fines Can Be Bullish
What happens to a company’s stock price when a regulator fines it…
When Is Profit ‘Excessive’? Understanding the CAT’s Analysis in the Apple Case
On 23 October 2025, the UK Competition Appeal Tribunal (CAT) held that…
How a Cartel Probe Impacts a Company’s Stock Price
When antitrust authorities announce a cartel investigation or a dawn raid, the…
Business Lessons from the CMA’s Financial Analysis of the Veterinary Market
In this article, we won’t define each profitability metric or explain why…
Exercise: Google’s Profitability Metrics
In this article, we take a closer look at how the UK’s…
The Cash Flow Statement
What is the cash flow statement? If the income statement tells you…
The Income Statement
What is an income statement? An income statement—sometimes called a profit and…
The Balance Sheet: A Lawyer’s Guide
If you’re a lawyer or a regulator, think of the balance sheet…