Earlier quoted context omitted.
Deregulate the environment and you will be drinking polluted water, and breathing polluted air. Your food will be likely exposed to pollution too. Deregulate labor and you'll have exploited workers working 100 hours per week, being constantly harassed by their employers, people being discriminated at the workplace, as well as people exposed to poor safety conditions where they can get injured or killed. Deregulate co…
Regulation raises the barrier of entry for startups. Fewer startups means less competition. Less competition means less incentive for the incumbents to do "the right thing" in any field, be that hiring, ecological impact, consumer rights and so on. When it comes to the economy, we should legislate and tax externalities. For everything else regulation is uniformly bad.
Someone joins your company and starts leaking all your intellectual property. It is all good, though, because legislation related to that doesn't exist.
A developer joins your company, and shortly after uploads your entire code base to github. That's OK due to lack of legislation saying otherwise.
A sysadmin changes all the passwords and asks you for a ransom to unlock your production database. That's also OK.
Your ISP randomly makes your internet 99% slower and then asks you for an exorbitant amount of money. That's also OK.
The accountant forged your signature and stole all the money. That's also OK.
Your customers randomly decide to not pay you. That's also OK.
Your employees start dismantling the office and taking furniture and equipment home. That's OK.
The mailman shows up wearing the company swag you ordered. Doesn't matter anymore.
HR people upload a spreadsheet with everyone's personal information and salaries to the Internet. That's OK.
Some larger company sends some gangsters to force you to sell the company for a fraction of its price. That's OK.
As you can see, saying "regulation is bad" is nonsensical. Without certain guarantees, businesses cannot exist.