I guess the only problem with a private company instead of a governmental regulatory agency ensuring product safety is that the risk will mostly be born by the

I guess the only problem with a private company instead of a governmental regulatory agency ensuring product safety is that the risk will mostly be born by the poor. Anyone unable to purchase a product tested by a private company with a good seal will be protected by nothing and nobody (not that they're always protected now). Of course, I think there's a middle ground. Too much government regulation is terrible for everyone, but too little disparately impacts those of little means.