You could indeed make the same argument about those products, it seems to me? We might've had much better alternatives to those products if they hadn't.
As much as I'm an absolute free-market capitalist advocate, we need to all get it into our heads that it only works in an absolutely free market that isn't propped up in some areas by regulation. As soon as we start fiddling, we have to make sure we fiddle in the right spots, otherwise we're just solidifying and promoting an unhealthy/unfair/predatory market.