pre-emption

/pri:'empʃn/
Noun
  1. a prior appropriation of something
    • the preemption of bandwidth by commercial interests
  2. the right to purchase something in advance of others
  3. the right of a government to seize or appropriate something (as property)
  4. the judicial principle asserting the supremacy of federal over state legislation on the same subject

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pre-emption
The company secured pre-emption over the new technology.