Depends why you think those regulations were enacted, but once school of thought is those megacorps made food in dirty disgusting factories and only cleaned up due to government regulation, but that family friendly small businesses would not have cut those same corners and we'd not need those regulations without megacorps.

There's another school of thought that believes in regulatory capture and says those regulations are there to make it harder for someone to compete in the market, and that safety is further down the list than making money is.