I have yet to see a person against regulation that didn't run screaming for the authorities as soon as they were tricked, swindled, defrauded, abused by some company because no regulation was put in place.
Most recent cases that come to mind are Bitcoin thefts. "The government shouldn't do anything to regulate or even look in the general direction of Bitcoin". Oh, the exchange left your pockets empty? "The Police and the government should do something!"
Companies aren't scared of consumers because as a mass they have no idea what's good for them or how to protect themselves. Without a watchdog we'd all just be open for abuse with no leverage to stop it. Companies are far more motivated and capable to abuse you than you are to defend yourself.
Most recent cases that come to mind are Bitcoin thefts. "The government shouldn't do anything to regulate or even look in the general direction of Bitcoin". Oh, the exchange left your pockets empty? "The Police and the government should do something!"
Companies aren't scared of consumers because as a mass they have no idea what's good for them or how to protect themselves. Without a watchdog we'd all just be open for abuse with no leverage to stop it. Companies are far more motivated and capable to abuse you than you are to defend yourself.