> It wont. If anything it'll just consolidate the squatted domains into fewer hands.
This is actually great if your end is to get rid of squatting, consolidate the market into a number of throats that's feasible to choke and then do it via regulation.
Seems like it'd be easier to get throat choking regulation in place before ownership is consolidated into a small number of people with deep pockets, vast resources, and disproportionate influence. The nice thing about policy is that it can be applied to huge numbers of entities instantly. Why risk creating behemoths too big to fight before you even start?
Because big behemoths have legal departments and compliance officers and actually have to follow the law because many eyes are on them constantly. Deep pockets make juicy lawsuit targets. You're right that the law applies to many people at once but you only have to actually follow the law if you're big enough for someone to care about you.
Regulations have never worked when there are few throats to choke. The few either band together and create their own regulatory association or bribe, sorry, lobby their way out of it.
