When any of that happens it's a nationwide scandal and huge recalls are in order. That alone should tell you the system works quite well at making those situations very rare. Imagine what would happen without it.
That's simply a assertion. Recall cost a lot of money, companies have every intensive to avoid them. Just saying that everything happens because of regulation simply does not hold up as a argument if their are other or better explanations.
Oh, like this national scandal regarding Aloe Vera that probably won't be on any major news network TV station, and there aren't any recalls happening?
Aloe vera based cosmetic products aren't regulated. Per the article, Bloomberg had the products analyzed independently and are reporting on the findings. It is unknown for how long this has been the case and, before this article, what the exact composition for each product was despite their labels.
This is pretty much the libertarian solution: let the market handle it, maybe someone with the means to will care enough to look into it. Millions of people applied a mystery gel to their skin, some in an attempt to treat an ailment, for what could be years or decades.
There could still be truth in advertisement and labelling requirements that take civil suit for a court to award and fine, then gov't action if they don't comply with court rulings. This wouldn't take a bunch of specific legislation, committees or investigation teams from the govt.
