Illegalize Ad Squatting

Making money by preventing everyone else from buying a domain

(Image used under: Fair Use doctrine)

So I know that to buy a website that either the name of a famous person or business in the hopes of making them pay you bunches of money when they get smart enough to want that site is Cybersquatting and is illegal. Simple enough. I also know that buying a domain that similar to a major site in the hopes of getting traffic from people who make spelling mistakes is also illegal. For example, if I were to register Hotmial and I got lots of traffic from people who meant to go to Hotmail. Clearly bad.

But here's the important question: what about ad squatters? Ad squatters are those people who buy up every possible domain that consists of words or letter combinations that people would likely buy, park annoying ads on them and leave them there for all time. For you to actually get that site, you would have to pay a lot more money than if the site weren't registered assuming the ad squatter decides to sell at all.

I say ad squatting should also be illegal because if someone like me wants to register a domain name for a new business or website, I'm screwed because every possible good name has been taken. If some real company or individual somewhere legitimately used the site for their own blog or store, I wouldn't mind, but these jerks only have worthless ads and no content and do nothing to add to the Internet as a whole. In fact they make it worse because search engines often list them as relevant due to the domain name alone when in fact they have nothing useful on their pages at all.

I've read the stories about how these people make millions a year on these annoying ad pages. I don't begrudge someone from coming up with a brilliant idea and making a lot of money, but when you're choking the opportunities of everyone else to do it at the same time, that's not ok.