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> So creating a new super company name, like Alphabet, which sounds a lot like Altria (phillip morris) to me, that isn't directly tied to the other companies wo
by CharlesColeman 7y ago
> So creating a new super company name, like Alphabet, which sounds a lot like Altria (phillip morris) to me, that isn't directly tied to the other companies would have been a sensible direction.
Kinda off-topic, but I feel like such corporate renamings should be illegal, or at least heavily scrutinized and subject to regulatory approval. Brands are socially useful to help track both positive and negative perceptions. Personal name changes often cannot be performed to "to avoid the consequences of a criminal conviction" [1], and I don't think the a company should be able to use them to avoid the reputational consequences of their actions.
[1] for instance: https://law.justia.com/codes/colorado/2017/title-13/change-of-name/article-15/section-13-15-101/ https://law.justia.com/codes/colorado/2017/title-13/change-o...
- bredren 7y ago> I don't think the a company should be able to use them to avoid the reputational consequences of their actions. An interesting point, especially given the notion of their “personhood” in the United States.
- Andrex 7y agoPeople can change their names to avoid reputational consequences, and corporations are currently considered as such. Renaming a company also seems like a large hassle that is likely to get more press and attention, not less. I'm not sure this is a legitimate fear.
- bredren 7y agoI think if you ask 100 people what Altria is vs Philip Morris, most know and have negative associations w the latter.