> So if you are a small cosmetics company the FDA will prevent you from selling your product without thorough testing but if you are a large cosmetic company you can simply tell the FDA that everything is OK.
Possibly they're stricter on small companies because if they mess up, you can't fix the issue with a big class-action lawsuit? If Johnson & Johnson mess up, they're big enough to be able to compensate consumers directly.
Not saying it's an ideal solution but if I were a budget-constrained federal agency trying to minimize harm with limited resources I could see myself making a similar call.
Not everything is about money. And moral lapses don't (or shouldn't) disappear just because you pay for them with money. Regulation should protect people from everyone.
Possibly they're stricter on small companies because if they mess up, you can't fix the issue with a big class-action lawsuit? If Johnson & Johnson mess up, they're big enough to be able to compensate consumers directly.
Not saying it's an ideal solution but if I were a budget-constrained federal agency trying to minimize harm with limited resources I could see myself making a similar call.