Also, "deregulation" is a buzzword intended to frame the debate and make you believe that they are reducing regulation and therefore creating some kind of free market.

Most so-called deregulation could be better termed re-regulation, it's just changing the rules to benefit different parties, not abolishing them.

(Having said that, btilly above uses deregulation in its new derogatory sense, much like the euphamism downsizing had to be replaced with rightsizing once everyone realised it still meant redundancies. Relatedly the depression was named that by people who thought it wouldn't be as bad as a proper recession, now depression means a really bad recession)