I suppose your comment is not meant to be taken all that seriously. Take your tap water, do you seriously believe no regulations are needed to keep it reasonably safe, would you rather trust the market force for that. What about food, flying, building site safty and so on. Just look back in time and you will understand it better.
This is not to say that there are no obsolete dumb regulations hanging around too.
Mainly in the USA there is right now an almost religious "deregulation" mantra driven by forces you should be rather cautious with.
Biting the hand that feeds IT
