In general, yes.

Though you seldom get deregulation by just deleting laws. Most of the time deregulation means replacing one regulation with a different set (that is hopefully simpler, but not always).

Deregulation is great when the law is unfounded or unfair. There is much to little “revisiting” of laws to see if they actually did what they said they did. Otherwise said regulation is useless and just costing society wasted energy and time. I think we need more government agencies studying such things to create a feedback loop so that if it’s failing it gets removed.