Yes, charter schools were designed to foster competition

Douglas Price, the 2019 North Carolina Burroughs Wellcome Fund Charter School Teacher of the Year, falls victim to groupthink in his latest EdNC article,

Replacing the cap on charter schools forces charter schools to return to their original mission. Proponents of charters, like Terry Stoops of the John Locke Foundation, believe that charter schools exist to “foster competition” between school systems. The trouble with the competitive education mindset is certainly in stark contrast to the original intent of the 1996 ratified bill.

The idea that charter schools fostered competition was central to the passage of charter school legislation.  Here are a few newspaper clippings from 1995 to 1998:

Terry Stoops / Director of the Center for Effective Education | John Locke Foundation

Terry Stoops is the Vice President for Research and Director of Education Studies at the John Locke Foundation. Before joining the Locke Foundation, he worked as the progra...