[General] relatively outstanding

[tedmc]

"Relative outstanding" implies that being outstanding has varying degree. If you can say that you can also apply it to adjectives like excellent, superb, great, fantastic, etc.

 

[MikeNewYork]

Yes. No problem.

 

[Tdol]

"Local" and "domestic" make no difference to me in the context. Both are distinct from foreign companies.
Why would you prefer to call it "domestic companies"?

Local could refer to very small companies only based in one town or location- your local shops are the ones near your home. A domestic company could be international, but based in the country you're talking about.