[abalone]

Didn't say that. Poor information on the conditions and effects of production is fundamental to unregulated markets. Much like externalities, they are not mere "imperfections" or footnotes which is usually how they are presented in pro-free-market Econ 101 texts. They are fundamental; e.g. much of the environmental threat the planet faces can be contributed to externalities and poor info. Nevermind the poor animal-poop slaves.

Regulations and activism (such as this type of journalism) are some of the non-market forces that can compensate.

[hrjet]

But regulations may lead to bribery and other workarounds.

Activism may be biased. It may also lead to long-winded debates, and ultimately, to polluted information. (Eg, global warming, GM crops, etc).

Ultimately, it doesn't matter if there is regulation or not, activism or not; there is no perfect information.

[malkia]

You have most regulations around kid's toys, and I'm thankful for that!