This looks deep at one side, and fully ignores the other. Think about the consequences of not improving safety - personally a lot of poor people will be hurt, either resulting in them having to be supported by their family, or more likely simply dying, and structurally you're not encouraging any change in these conditions. By allowing the workers to be made to work in unsafe conditions you'll reduce cost and prices, but you won't have an incentive to develop safer ways to process everything, since the unsafe way is allowed and way cheaper!

> More regulation always favors big companies.

Is there actual research into this? I see this religiously repeated by a lot of people, but I somehow never see actual data to support it.