Yeah. Private industry would be happy to poison us. That way we would all be dead and they would have no more customers!.
Since most computer programmers refer to our "customers" as users, does that make us equivalent to drug dealers.
Your error is assuming that when the government legislation equals protection, as opposed to harm.
If you regulate what goes into foods, and force restaurants to work within dietary regulations, then you actual produce more McDonald's, who are able to work within a regulatory environment. All you have accomplished is to highen the cost of opening a hamburger joint, to compete with McDonald's.
Regulation serves as a barrier to entry for worthwhile competitors, and the process whereby regulators create regulations that serve vested interests, is called Regulatory Capture. Yeah, they have terms for it, it is a quite widely understood process.
As for you. Idiot would do or Government Worker. Sorry, I am repeating myself here.