Absolute statements like this are just nonsense. Companies really will undercut each other on price to get customers. How much this happens depends on how competitive the market is. And one of the ingredients of a competitive market is not having high compliance burdens making it hard on new entrants.
If any idiot with a chicken could enter the egg business, eggs would be cheaper and more plentiful, but also less safe. Cheap importers would take over and probably start faking expiration dates and making people sick, but golly it'd be cheap. And contrary to you claims, it would also cause the richest execs in the business to lose their bonuses while the sketchy importers took over on slim margins.
I don't want that, but come on, you gotta admit the cost tradeoff is real.
If any idiot with a chicken could enter the egg business, eggs would be cheaper and more plentiful, but also less safe. Cheap importers would take over and probably start faking expiration dates and making people sick, but golly it'd be cheap. And contrary to you claims, it would also cause the richest execs in the business to lose their bonuses while the sketchy importers took over on slim margins.
I don't want that, but come on, you gotta admit the cost tradeoff is real.