Remove the tech-specific words from your comment, and you would probably find people saying the same thing throughout all of history.
Sure there were "fines" but as usual that was pocket change them..
Clothes manufacturers have been notorious for mistreating their employees, though; e.g. Triangle Shirtwaist.
Ha, check out “unsafe at any speed” the book that launched Ralph Nader and the government’s role in consumer safety.
Or “The Jungle”, the book that launched food safety regulations (and some worker safety) a century ago.
Certain politicians and certain companies decry “regulation” generically but there are good reasons behind almost all of it.