We do have regulations, even quite strict ones in this case, yet it happened. Making already highly illegal actions more illegal is hardly going to help.
I do get that you dislike deregulation, but this comment completely misses the topic at hand.
Regulation isn't stiffer penalties alone, it's oversight.
If I have to pass 2 checks vs 1, the incentive to fuck around decreases.
What is left out here: How regulation mandated quality standards and reduced the supply of substandard parts (so low they're headline making outliers)
There was other Gov interference that brought us here: "AOG last month was ordered by a London judge to hand over records to help identify additional suspect parts"
epilogue: Both major biz and major Govs harmfully prioritize their desires above public wellbeing. Of the two, however, only Gov has a built-in duty to care for the public. One result of that is that Gov abuses are recognized as failures to be corrected - while Biz abuses are commonly regarded as successes to be rewarded and amplified.
[0] "Excessive certification requirements made parts far too expensive, which made people willing to take the risk on counterfeit parts." - Note that I do not think we should deregulate aircraft parts, but this would be a valid point.
Then we get things like the Horizon Deep oil spill.
No, it doesn’t.
Greater regulation happens more often with regulatory capture, because then the purpose of regulation is creating barriers to entry.