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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

Did EU Data Laws Really Rein in Online Tracking?

Europe’s landmark data legislation slowed down online surveillance, but didn’t stop it. Klaus Miller shows tracking has grown - just less aggressively, and with more disclosure. 

6 minutes
Klaus Miller

Tech Startup Culture Not as Innovative as Founders May Think

Despite rejecting their past employers, tech founders often replicate old cultural norms, as uncovered in a study by HEC Paris Assistant Professor Yeonsin Ahn.

Yeonsin Ahn

Why Blockchain Still Needs Accountants

The FTX collapse highlights the dangers of believing in fully automated trust. The human dimension of blockchain is its most overlooked vulnerability, and strength. Extracts of Dane Pfluger's interview from Breakthroughs, the HEC podcast on research.

Dane Pflueger

This is a Hold-up: When Banks Profit from Borrowers' Troubles

Research by Mensah, Paugam and Stolowy of HEC Paris reveals how banks exploit corporate scandals triggered by short sellers, charging unjustified rate hikes when firms are most vulnerable. 

Albert Mensah, Luc Paugam, Hervé Stolowy

Learning After Winning: The Hidden Trait of Great Entrepreneurs

Research by Ankur Chavda reveals that theory-driven entrepreneurs keep learning after success, helping them become even more successful. 

Ankur Chavda

Can the EU Act Shape or Shake Business and Innovation?

On May 21, 2024 the Europe voted in the EU AI Act. A year later, HEC Professor Pablo Baquero reflects on its impact in a masterclass on AI legislation and execution. 

Pablo M. Baquero

AI’s Real Divide Is Human, Not Technological

Peter Fischer’s research reveals that the technology’s biggest limitation isn’t technical, but human: who benefits, and who gets left behind.

Peter Fischer

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