Quote:
Originally Posted by jamesdmanley
its a business, i cant remember what its called, but basically what people or companies do is snap up all sorts of domain names and park them. theyll put up ads that pay for click throughs and if theres enough interest or traffic on that domain they will sell them off at massive proffits, some for millions
|
Actually, domain squatting largely doesn't work anymore (at least, not in the U.S.). When such squatters have been taken to court, unless they already had a site up on that address that had or sold something that could legitimately claim that name, they have been forced by law to sell their domain to the other party for no more than the cost of registering it. Other countries (don't ask me which) have adopted similar regulations.