Our understanding of human nature, the laws of economics, the history of mankind, and a quick glance in the mirror tell us everything we need to know. In short, that so-called "self-policing" doctrine promoted by free market zealots is a howling fraud.
The Boston Marathon bombings killed three and injured more than 180. The West, Texas industrial explosion killed at least 14 and injured more than 180. Guess which one drew the greater media and law enforcement response?
When a corporation falls short of regulatory standards it does not do so accidentally. Rather, it is a calculated choice based on risible enforcement efforts and piddling penalties passed by legislators on the take.