WASHINGTON, July 21 -- The White House issued the following transcript of a background news call on July 19, 2023, on the White House Competition Council announcement: * * * SENIOR ADMINISTRATION OFFICIAL: Thanks. Promoting competition to lower costs and support small businesses and entrepreneurs is a central part of Bidenomics. When the President took office, concentration had increased in over three quarters of U.S. industries. In the President's view, that reflected that, quote, "Forty ye  more