It's to peoples' best interest to choose a better product if they:
- even know there's a problem in the first place. Corporations have a long history of covering up faults in their products, sometimes for decades, before independent tests or reporting reveal them (during which time they're outcompeting more legitimate competition on price).
- competing products exist. Monopolies are a natural outgrowth of unregulated markets. It's always more profitable not to have to compete so endless mergers are a threat which have to be regulated but frequently arent. It's also much easier for an entrenched institution to crush or buy out new startups before they can become a problem. Add in collusion where companies that compete on paper secretly agree not to undercut each others prices and you end up with a market where there is no real competition and no need for costly innovation. And though regulatory capture may not exist in a truly unregulated free market, we certainly see it in real life, where superior foreign products can be outright banned from a market, the entrenched industry's products made artificially cheap through subsidies, and new safety laws kept off the books to protect the corporate bottom line.
- the competing product is actually superior. We frequently see a race to the bottom effect where most people consistently choose the cheapest product available (often because wages have been stagnant for generations and they're poor enough that they legitimately can't afford better) and better, safer, more ethical products are simply priced out of the market, whereupon the companies making them either start cutting corners themselves or go out of business. And we can refer back to point one where just because one product has been revealed to be unsafe doesn't guarantee that the competitor hasn't managed to hide an unknown hazard in theirs.
Asking regular people, many of whom are perpetually overworked and exhausted, to extensively research every product that's made it to market (and to overcome marketing, illegal concealment of hazards, and collusion) strikes me as a kind of Just World Falicy thing, where the 'opportunity' to simply buy a better product becomes a chance to blame people for the bad things that happen to them. They should simply have bought a test kit and figured out that there was lead contamination in their baby formula. They should have studied auto accident statistics from the last five years to notice that that particular model routinely explodes in a fireball with the doors jammed. What did they expect buying something without doing their own research?