Im not sure where i stand on this "cyber squatting" thing.
If you consider a comparison with real-estate, why should someone just come along and push you aside if you have legaly and correctly purchased the domain? If someone was clever enough to coin the domain "coke.com" then cocacola should have no right to push him out (it could be a website about amateur coal mining or something :D ), they should pay it's "market value". Put it this way, would they be able to force some property off you simply because its more suited to them.
On the other hand i do not agree with buying up domain names and not putting them to use, as that is an annoying waste of everyones time and resources (like houses that stay empty for 20 years that the owner cannot be bothered to do anything with).
So a bit of a mixed opinion from me :/
If you consider a comparison with real-estate, why should someone just come along and push you aside if you have legaly and correctly purchased the domain? If someone was clever enough to coin the domain "coke.com" then cocacola should have no right to push him out (it could be a website about amateur coal mining or something :D ), they should pay it's "market value". Put it this way, would they be able to force some property off you simply because its more suited to them.
On the other hand i do not agree with buying up domain names and not putting them to use, as that is an annoying waste of everyones time and resources (like houses that stay empty for 20 years that the owner cannot be bothered to do anything with).
So a bit of a mixed opinion from me :/