Re:So the market sure is promoting innovation (Score 2, Interesting)

Ninja please. If a company needs their website to survive/profit/whatever in their target areas of the world, and they *choose to not register/renew the name*, how is it his fault? No one is stealing anything. They decided they didn't need/want whatever domain, he decided it was worth picking up.

How would this be any different if it was the real world? If someone doesn't pay their taxes on their land, loses it and someone comes in and makes a profit buying it then... what? Or is it just because it is the internet that they are suddenly a "bad person"?

The only people at fault are the idiots that didn't renew. The only difference between someone accidentally owning a "prime domain" (firefox.com) and gladly selling it and him is that his is a business model while the other is a fortunate circumstance. Sure in my example firefox got lucky and he donated the name, but he was damn well within his right to charge for it. Or are you saying that anyone that has a similar domain to any "bigger fish" has to automatically pass over any and all rights to their property?