Legal Definitions - coemption

Coemption refers to the act of purchasing the entire available quantity of a specific commodity or item.

• Example 1: Strategic Raw Material Acquisition

  A global electronics manufacturer, anticipating a surge in demand for its new smartphone model, enters into an exclusive agreement to purchase the entire annual output of a specialized rare earth mineral from a specific mining operation. This ensures their competitors cannot access that particular supply.

  This illustrates coemption because the manufacturer is acquiring the complete, total available quantity of that specific rare earth mineral from that particular source for the entire year.

• Example 2: Exclusive Crop Procurement

  A large organic food company secures a contract with a regional farming cooperative to buy the entire harvest of a unique heirloom tomato variety for the upcoming growing season. This guarantees the company an exclusive supply for its specialty sauces.

  This is an example of coemption because the food company is purchasing the full, undivided yield of a particular agricultural commodity (the heirloom tomatoes) from the cooperative.

• Example 3: Limited Edition Art Collection

  A prominent art collector, seeking to complete a thematic series, purchases all remaining copies of a limited-edition print run directly from the artist's studio, preventing any other buyers from acquiring them individually.

  This demonstrates coemption as the collector is buying the entire available stock of a specific commodity (the limited-edition prints) to gain exclusive ownership.