The use of the word “object” seems to indicate
art.4(2) only applies to works in the form of physical
things or on physical media. A digital file delivered online
is neither. That alone would mean the rightholder’s
distribution right for intangible digital files would not be
exhausted under art.4(2). Also the use of the words “that
object”, assuming for a moment that intangible “objects”
can exist, must mean that it is in respect of the exact
object that the rightholder has sold that exhaustion
occurs—not the subsequent copy of that object which
the technology actually creates when downloading a
digital file.