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 ☀️

They create market distortions distortions and get unfair regulatory and fiscal treatment, but I think they can absolutely create desirable competitive pressure. Case in point: BSNL vs private telcos in India.