I am in my 50s, so not that crazy old. I also remember industry fighting very improvement, be it safety or environment, tooth and nail and warning of massive job losses. These losses never materialized but instead profits kept flowing and life improved massively for all citizens. To me it's total nonsense and FUD that the cost of tightening up standards is too high. It gets prized into the product and smart companies will find ways to adapt. Companies that refuse to adapt deserve to go under.