New ask Hacker News story: Ask HN: Would the internet be better if domain squatting was made illegal?

Ask HN: Would the internet be better if domain squatting was made illegal?
2 by iosystem | 5 comments on Hacker News.
Seems like all domains that are either short or catchy are taken and nothing exists if I go to them. I'm curious what you all think. Should a policy be made to stop the bad behaviour? Would it make the internet better or would things stay the same? Sure, someone can always make a long domain name or use .whatever but it seems like the popular websites rarely ever follow that example.