
Bulk domain buying - why is this legal?
9 out of 10 good names are taken. But of those 9, 7 are for sale by some shady company. Most go for $5000 or more.
Now I don't mind people buying a domain and selling it withing a few months to someone who's actually gonna use it. Say you have sports.com and no longer need it, sure, sell it for a nice amount. I'm not against domain selling.
But buying hundreds of thousands of domains, making it impossible for anyone to get a name... shouldn't that be illegal? I know it probably isn't at the moment, but shouldn't it be?
They are making life hard for thousands of start-up companies, effectively blocking the economy.
This feels like buying 1000 concert tickets and then selling them at 100 times the price. The real fans have no choice but to buy your expensive ticket.
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20+ Years Exp . . . . . .