The study on “Public Enterprises, Government Policy and Impact on Competition: Indian Steel Industry” was commissioned to Indicus Analytics Pvt Ltd. The overall objective of the study was to examine the nature and state of competition in the Indian steel industry. The study suggests removal of export/import curbs which are clearly a pro-competitive measure. The study also suggests that the overseer of the steel sector should be the Competition Commission of India as the issues of concerns fall in their domain. Any suggestion of setting up an independent steel regulator goes against the standard philosophy of regulation.