Is there a name for the type of government where the government pursues consumer protection, antitrust, etc policy by directly running one competitor in every important industry, instead of making rules for every participant?

Why would you expect this to work? State-run enterprises are not exactly great vehicles for creating competitive pressure

Blogger at ribbonfarm.com, running summerofprotocols.com, host of /gloom ☀️

My country and many other european ones use to have public companies that worked well... then some politicians sold them to external individuals and get their comission...