The term neoliberalism has no meaning, it's purely used in a pejorative way by leftists. If you want to talk about world markets, just say world markets. Or "free market", but it has free in it so it makes the effect less powerful.
Also, the reason the EU does not have that many tech companies is not global competition; it's that it takes 6 months to hire someone, you cannot fire them ever, and nations tax you based on your unrealized valuation because they don't really believe you should be running things on your own.