FDA LIES ABOUT PESTICIDE LEVELS IN OUR FOOD
(twitter.com)
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Of course businesses have to pass along higher costs (or take a hit to profits), but businesses compete ON PRICE in a FREE market. De-regulating (relatively speaking) the telephone companies back in the 70s led to a huge drop in prices, as the Baby Bells had to compete with one another. Long distance calls used to be a luxury.
When government gets involved in "regulation", you typically see prices skyrocket, as with the FDA and Big Pharma.