Corporations being “too big to punish” is an entirely seperate issue, and really doesn’t have much to do with how big they are in the first place.
People tend to mostly agree that certain industries should be highly regulated, with medicine being one of the least controversial examples of that. Highly regulated will always mean a big regulatory moat. If it takes years or even decades to get a product to market, and if developing, testing and getting approval for that product requires spending a lot of money, then you need big capital somewhere along the way to make it happen.
There’s not really any decent counter argument to this, it’s basically a truism that if something is very expensive to do, then you need a lot of money to do it. To say that’s counter productive seems like your own value judgement, because what do you think they should be trying to produce? The goal of the regulations is safety and rigour, and perhaps those regulations have some flaws, but there’s no solution to that problem that doesn’t involve high costs for compliance.
People tend to mostly agree that certain industries should be highly regulated, with medicine being one of the least controversial examples of that. Highly regulated will always mean a big regulatory moat. If it takes years or even decades to get a product to market, and if developing, testing and getting approval for that product requires spending a lot of money, then you need big capital somewhere along the way to make it happen.
There’s not really any decent counter argument to this, it’s basically a truism that if something is very expensive to do, then you need a lot of money to do it. To say that’s counter productive seems like your own value judgement, because what do you think they should be trying to produce? The goal of the regulations is safety and rigour, and perhaps those regulations have some flaws, but there’s no solution to that problem that doesn’t involve high costs for compliance.