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I agree with Havoc, a games company should indeed have enough knowledge of their field to be aware of similar names. Hell, anyone creating a brand should do at the very least a quick search online to see if anything similar already exists.
Even if the similarity was not intended (I'm skeptical) it's still trademark infringement. The test for infringement is whether reasonable members of society would become confused between the brands. Even as a longtime Oddworld fan who knows the brand well, I myself (as others here also seem to have) only went to the article thinking it was Abe's Oddysee related. If that's not confusion I don't know what is.
Especially with New n' Tasty coming out so soon, this seems a bit dodgy. If Abyss Odyssey ends up with bad press/reviews etc, it could harm the success of New n' Tasty.
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Basically this ^
Intended resemblance or not I think that seeing everyone is confusing it for Abe's Oddysee they should have the decency to come up with an other name in order to avoid confusion.