Regulations are necessary where the harm that we’re protecting against is so severe that avoiding it is worth the cost and lost productivity of administering and complying with the regulation.

Food and water safety certainly fall in that category! Ensuring that early adopters of useless $700 widgets are “protected” against startups going bankrupt or otherwise discontinuing / canceling the product doesn’t seem worth anyone’s concern.

Some people’s reaction to observing anything in society that they don’t like is “that should be banned!” I don’t think that’s an appropriate reaction.

The proposed regulation would dramatically increase the risk of any investment in a new consumer hardware startup. And, there are not that many of these startups in the first place, because they’re risky enough as it is! So, the net result would be less innovation and less startups doing hardware, and I don’t think that would be a net improvement.