Could you point out specific examples of what is too regulated? I never understood this complaint. True, I also never bothered digging into it because I started out with the belief that it's just a talking point. But I'm happy to be proven wrong.
Not sure but I've read that employee termination rules and employee compensation requirements are problematic for startups over there. That for a company at that stage certain risks can be existential rather than just "win some lose some" so having them forced on you is not a good situation.