The main points of neoliberalism include:

• The rule of the market—freedom for capital, goods and services, where the market is self-regulating allowing the trickle-down notion of wealth distribution.
• Reducing public expenditure for social services, such as health and education, by the government
• Deregulation, to allow market forces to act as a self-regulating mechanism • Privatization of public enterprise (from water to the Internet)

In this respect, item II is not correct. The correct option is C.