This sort of thing has always seemed to me to be the ultimate example of why we don't rely entirely on competition and the free market to provide us with "the best deal".
How can you know if your yellow sweets are coloured with lead chromate? How could you know all the millions of things you need to know about possible dangers so you can evaluate if some product that's 10% cheaper is actually not going to kill you?
It's only regulation and government interference that can make it manageable for the consumer.
How can you know if your yellow sweets are coloured with lead chromate? How could you know all the millions of things you need to know about possible dangers so you can evaluate if some product that's 10% cheaper is actually not going to kill you?
It's only regulation and government interference that can make it manageable for the consumer.