Comment by dangus

But of course, in the case of this article the OP is presenting just their side of the story. It doesn’t present the other side of the story where companies rushed dangerous products to market with no oversight which made the regulations necessary.

They find that $27 million in regulatory cost is a huge burden.

But I think if their product is successful it seems like it could be the kind of thing that a large percentage of semi trucks install.

If even 10% of semi trucks purchase the product, $27 million is a drop in the bucket.

Instead of bitching at the world over regulatory costs, OP should bitch as his investors for not being generous enough. Or maybe his investors should be firing him for failing to account for regulatory cost and time.

And all this bitching is happening despite the fact that he was successful in having the regulatory agent expedite the process. 14 months to get a brand new instrument of this sort approved doesn’t seem crazy to me. It seems quite in line with the estimated time needed for a company like Toyota to crash test and certify a new vehicle model with the various emissions and safety agencies.

If OP would like to move faster they need to get out of the sort of industry that makes products that can very easily kill people.