This is why -generally- there is a period after the domain expires in which it is locked and cannot be purchased by anyone other than the previous owner. Just i

This is why -generally- there is a period after the domain expires in which it is locked and cannot be purchased by anyone other than the previous owner. Just in case someone tries to squat. There are a few registrars that do this. I've seen it (squatting) happen more to small businesses, because even if their site it showing the landing page they might not notice it until a month later and by then it has been released and squatted. Bigger companies with lots of traffic would usually get a notice from a customer or internal employee that the site is down. This is my experience at least.