I have worked with the design and creation of products regulated by Govt Agencies. When those agencies are both the rule enforcers and the recipient of profit from the very products they regulate, one has created a system that has all the wrong incentives. This is the case with Big Pharma, FDC, NIH, CDC - it has become the Medical/Industrial Complex. There are many examples of regulation application where those that enforce industry/gov't CFR are not on the receiving end of product revenue for which the gov't officials regulate.