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AI Trading Algorithms Can Make Markets Less Competitive

July 3rd, 2026
7 minutes
Jean-Edouard Colliard, Thierry Foucault, Stefano Lovo

AI-driven trading can blunt competition and even lift prices in financial markets. 

Research insights from HEC Paris faculty

Disneyland: When Broken Promises Risk Destroying Trust

The Disneyland case illustrates what researchers refer to as the "voice veneer" phenomenon in organizations. This concept explains how organizations that appear to listen to employees can still undermine their trust. 

6 minutes
Audrey Holm

Not All Team Fights Kill Creativity

Task-related disagreements can boost creativity when they involve the right people and teams share common goals. By contrast, personal conflicts between key team members undermine cohesion and can significantly weaken innovation. 

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Brad Harris

Interpreting the Stock Market Depends on How Well You Interact with your GenAI and Learn from it

Evidence from 1.7 million queries on a Generative AI platform reveals how retail investors use GenAI to interpret market information, and why it’s a challenge for firms, AI platforms and regulators.

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Xitong Li, Yilan Li

Why Longer Regulations Aren’t Necessarily More Complex 

Cutting pages may do little to reduce compliance costs if the underlying rules and concepts remain unchanged. 

5 minutes
Jean-Edouard Colliard

Fast Delivery or Deep Learning? Dilemma in Ecosystem Exploration Projects

When innovation depends on multiple partners and technologies, how firms divide the work determines whether they show progress fast or build the knowledge they need internally.

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Sihem Ben Mahmoud-Jouini

Sell First, Market Later: The Go-to-Market Sequence Every B2B Startup Needs

Tracking 300+ B2B high-tech startups reveals when personal selling and mass-media marketing drive performance, and when they backfire.

5 minutes
Arnd Vomberg

AI Trading Algorithms Can Make Markets Less Competitive

AI-driven trading can blunt competition and even lift prices in financial markets. 

7 minutes
Jean-Edouard Colliard, Thierry Foucault, Stefano Lovo

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