Is deregulation of a sector good for businesses/ entrepreneurship?

[King Belieal]

For some business sectors and niches, the control of government is very prevalent. They fix prices and have some measures of control over the sector. People always call for full deregulation of business sectors.

Is deregulation of a business sector good for businesses and entrepreneurs? In what ways does it help businesses?

 

[Kross]

When the government of a country takes its hands away from business, there is more competition and the economy grows.