I would say that it depends on the exact details of regulation being discussed, not just the target.

For instance, you could propose a regulation that says that any type of gambling with any wager, whether using real currency or fictional, for any age range, should be illegal. I think most people would consider that to be unreasonable.

You could also propose a regulation that says that companies cannot collect personal data on individuals for advertising purposes unless that individual is directly engaged with that company as a customer. This would hopefully render illegal Facebook's "shadow profiles"[1] that collect data on non-customers. While more controversial, I'd say that this would still be supported by most people you'd meet, while still falling into the category of "the government protecting people from Facebook".

Details of regulation matter, a lot.

[1] https://www.howtogeek.com/768652/what-are-facebook-shadow-pr...