So, if I figured out that my competitor used Namecheap's hosting, I could have signed up for a hosting account, hijacked store.mycompetitor.com, and used it to

So, if I figured out that my competitor used Namecheap's hosting, I could have signed up for a hosting account, hijacked store.mycompetitor.com, and used it to sell my own products. Not ideal, Namecheap.