Press Briefing by Press Secretary Karine Jean-Pierre ...Middle East

James S. Brady Press Briefing Room 1:39 P.M. EDT MS. JEAN-PIERRE: Good afternoon, everybody. Q Good afternoon. Q Good afternoon. MS. JEAN-PIERRE: Oh, nice. (Laughter.) I love that. Okay, so, this afternoon, as you all know, the President will convene his Competition Council to mark the second anniversary of the council’s work to lower costs for the American people and strengthen our economy. Promoting competition to lower cost and support small businesses is a central pillar of Bidenomics. As the President says capital — capitalism without competition isn’t capitalism, it is exploitation. Without competition, costs add up. One study found that higher prices and lower

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