They also ignore that companies will cheerfully skimp on safety to save a buck and then spend far more than they saved fighting legal battles against the government to prevent or delay relevant regulations, against their own customers (or their next of kin) who have been harmed by their products, and against any kind of criminal prosecution. They'll also spend millions on marketing to minimize awareness or the severity of the problem and to actively increase sales of the dangerous product. It's not exactly an environment designed for fair and informed decision making.
Speaking of unfair, the history of monopolies, market collusion, and the race to the bottom have given us plenty of examples of companies removing that choice of product quality from the board entirely. If the people making the unsafe or unethical thing buy out all the competition and eliminate or cheapen the former competition's products until the have the same problems, there's no choice. If the competition look at the market and realize they can also take unsafe shortcuts and remain competitive, there's no choice.
There's a long history of rich people framing exploitation as the freedom to choose to accept a dangerous product or job or place to live. After all, if people are poor and desperate and propagandized enough there'll always be someone to make that choice. And the lower they drive the quality of life, the more people will have to choose the same. But it's not about saving you money. They're not doing you a favor. It's about saving money for themselves and framing things so you thank them for it.