tag:blogger.com,1999:blog-934395272727224504.post4796838845347122621..comments2023-06-14T04:58:41.133-04:00Comments on Intellectual Carpet Bombing: Big Pharma with Big Protectionebl2009http://www.blogger.com/profile/04934119980855539269noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-934395272727224504.post-14064453487820696732008-04-07T22:09:00.000-04:002008-04-07T22:09:00.000-04:00Or if they just changed their name...How many peop...Or if they just changed their name...<BR/><BR/>How many people remember that Panasonic's name used to be Matsushita? That Verizon is a combination of NYNEX, Bell Atlantic and MCI? That what was Salomon Brothers is now part of Citigroup?<BR/><BR/>Reputations aren't that hard to lose. Building good ones in the first place is the challenge.Langhttps://www.blogger.com/profile/16684574431077521663noreply@blogger.comtag:blogger.com,1999:blog-934395272727224504.post-28732792748085519822008-04-07T19:44:00.000-04:002008-04-07T19:44:00.000-04:00The companies would still have to deal with tarnis...The companies would still have to deal with tarnished brand image though. That could eventually lead to a backlash, but that also requires the public to have any memory. If Pfizer made entirely faulty drugs people would boycott them, but if there is a nice mix of useful and faulty drugs the public will never know which ones are good and aren't.hot zonehttps://www.blogger.com/profile/08876103488828330656noreply@blogger.comtag:blogger.com,1999:blog-934395272727224504.post-29334729941371716492008-04-07T15:28:00.000-04:002008-04-07T15:28:00.000-04:00Ironic... The entire anti-regulation argument is b...Ironic... The entire anti-regulation argument is based on the notion that companies wouldn't market faulty products because of the repercussions of doing so -namely, a ruined brand name, and having to pay out damages to those who were hurt.<BR/><BR/>We've already had substantial deregulation and lax enforcement in most regulatory agencies under the Bush administration. This really removes all incentives for companies to "behave well," and therefore entirely undermines the notion of consumer confidence in brand name goods.<BR/><BR/>I'm completely with you on this one.Langhttps://www.blogger.com/profile/16684574431077521663noreply@blogger.com