Uttrakhand Agricultural Produce ... vs Competition Commission Of India & Anr on 22 September, 2017
The one which could be undertaken cannot be
sovereign function. In a given case even in subject on which the
State has the monopoly may also be non-sovereign in nature.
Mere dealing in subject of monopoly of the State would not
make any such enterprise sovereign in nature. Absence of profit
making or mere quid pro would also not make such enterprise to
be outside the ambit of "industry" as also in State of Bombay
and Ors. case"