If you want the regulate everything by the government, then it's not going to be easy as this could mean that you have to give up your freedom, hence you will be under a authoritarian government. And if you are living in a country that you can go and free, then I think you should be thankful already that you are earning money for a job and not procrastinate.
Just to live in authoritarian country for a year, everything is regulated for you, food are subsidize and see how it goes. I don't understand why there are people who blame everything on their government though.
I think he is talking about those merchants/business owners who are over pricing their products and he wants the government to regulate them so that their prices will get normalized. It is already happening to some and I think those who are restricted here are only them and not the customers, which is a good thing. I'm with the OP because some of them are sometimes abusive already.
There are still types of regulations which are seem to be bad already, like for example here in cryptos because they are slowly removing the decentralized feature of it. Another bad thing is that, crypto users are now being charged by a tax.