I think it's good to have some 3rd party organization, as in besides the manufacturer and consumer, imposing some restrictions that weed out companies that cut too many corners on engineering a product or are just low skilled at engineering things.
Like cars for example. The average mpg of cars has pretty much doubled in the last 15 or 20 years, which is insane for such a mature industry. They were forced to adapt and get creative by lawmakers making emissions requirements more strict. It shows that automakers could have been doing more in decades past.
Yeah plus there's actions like this https://www.whitehouse.gov/presidential-actions/2025/02/pausing-foreign-corrupt-practices-act-enforcement-to-further-american-economic-and-national-security/