This smacks of inherent corporate America's double standards like when the the Auto CEO's rocked up to Capitol Hill during the GFC begging for the sympathy of the US public and politicians to subsidise their lifestyle.
I take the point about "freedom" of the internet and the good it can bring, but what i see in reality is "censorship" and "rules" being unavoidable.
But just what " Over Regulation" means to whom depends on who's pitching it. Wall Street - make the cash, that's your game - and good luck in contributing to the overall economies , but don't try convincing me you represent the masses from a moral standpoint - which is what a section of this representation implies by default. Millions of persons and Nations are heavily reliant on your technology and you offer anything but freedom for commercial and operational purposes.
Perhaps the press releases should be a little more specific on what aspects they are pitching for.
.... a PR stunt