[jiggy2011]

My primitive reading of libertarian philosophy in this case would go something along the lines of: Companies should lobby for whatever regulation/deregulation benefits them because they are rational actors in a free market.

However the government should not have the power to actually grant this.

I suppose a hardcore libertarian might allow a contract clause which allows the phone network to hire someone to shoot you in the face if you unlock your phone.

[icelancer]

"Should" is a little loaded; I would say "Companies would be expected to lobby..."

But yeah I think your interpretation is correct.