General statement that means zilch. Regulation depending on particular conditions can definitely curtail innovation or destroy it completely. Bureaucracy wants to regulate everything including how often we fart.
I repeat, if your business model (which like the big majority of the entrepreneurial world is based on) is against regulation, it's wrong.
I don't think it's acceptable to have a billionaire tech bro dictating everything I do in my life while he gets rich by selling my data. One of the reasons regulation exists is to protect customers.
It's about damn time the business world moved away from the capitalism mindset that you NEED to explore the consumer to be successful. We have a lot of examples in Europe where if the company is even a bit less shitty and is sympathetic to the customer, it increases trust and brings in more revenue because your customers trust it.
Take the agricultural policies in the EU. They want to correct against overproduction while doing ecologically good but they interpolate of cause from past data. Now take the hottest year on earth to come in 2027 due to El Nino and that collapsing already strained expected harvest and you are looking at reasonable policies producing starvation, due to a inability to plan for a future not in the data yet.
And the whole glut is artifical in the first place because surplus wheat is not allowed to be used as energy, no it must rot in storage snd get "animal grade" before you can use it otherwise. The whole reason the eu system still works is because the traders largely ignore the central planing system, shipping things from high regulated eu countries to "i dont give a f**" countries, recertify it there and then reimport.
General statement that means zilch. Regulation depending on particular conditions can definitely curtail innovation or destroy it completely. Bureaucracy wants to regulate everything including how often we fart.