[Arkanum]

I think this is an unpleasantly complicated topic because: 1) The FDA does have glacially slow processes, that limit competition in markets, often keeping prices artificially high (see the US Insulin market), but 2) The FDA has a pretty good track record of stopping companies killing or seriously harming people [1], and baby formula companies don't have a great record...[0][2]

[0] https://en.wikipedia.org/wiki/1977_Nestl%C3%A9_boycott [1] https://en.wikipedia.org/wiki/Thalidomide - Its initial entry into the US market was prevented by Frances Kelsey, a reviewer at the FDA.[7] The birth defects caused by thalidomide led to the development of greater drug regulation and monitoring in many countries [2] https://en.wikipedia.org/wiki/2008_Chinese_milk_scandal