[oelmekki]

(please guys, don't punish/downvote someone for asking a question)

Domain Squatting is border line extortion. It's not your usual business because there is no competition possible : there is only one person that can own the domain. If a squatter registers the name of a well known company on a TLD they weren't present in, then mail them saying they put some porn website on it and put money in SEO, there is little the company can do except paying absurd amount of money to get control over the domain (mind you, Handshake would not prevent that, from what I see).

In a less dark way, you may also have to change your startup name because someone is squatting a domain and you don't have any money yet to buy it, which is a real nuisance when you think that person is doing absolutely nothing with that domain.