Otherwise most companies in those days had family names, e.g. Phillips Oil, Packard Motors, Chevrolet, etc.
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“General Electric” was the best known example of this.
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IBM’s name was “Computing-Tabulating-Recording Company” until 1924. Yes, with actual hyphens.

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It depends. Before the "golden spike" (1869), the US notion was almost absent of any commercial name.

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JP Morgan and his circle had a gift for monopolistic company names that sound ... banal and inevitable: United Dry Goods, General Electric, Associated Merchants, National Tube, International Harvester, American Bridge Company, American Telephone & Telegraph.
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I like the idea of names that feel inevitable.
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