While its true that regulations do not ensure quality, they are necessary for some level of standardization in the audit of products.Many times when companies try to stay at the top using innovative systems they can be affected by loopholes causing low-quality products to be out in the market and affecting peoples pocket. If drugs that did not work were out just to regularize prices like Dkonara921 mentioned above, then people would be wasting their money on useless products. It will also cause customers to not trust companies. Quality does matter, even if the price is high. If people have the money to buy high-end products they will do so because of the quality of it, not anything else. if people can’t afford so, they would try harder to get it, because they trust it’s quality.