Regulation will depend on the type of utility. TLD like GoDaddy? No regulation. Plenty of TLD competition, and your name is not lumped in with some Nazi names. Hosting sites? Probably not worth regulating but I am open to suggestions to critique. Social media? Bad idea. That would simply cememt the monopolies of Twitter, Facebook, etc. Unless you have a way to regulate them to force them out of business. But keep in mind the regulators are not going to be you, they are going to be die-hard libs working inside Fedzilla.
Give President Trump CREDIT. He is working hard to drain and clean the swamp.