The mere existence of squatting is not as much an issue, as the scale when most domains are speculators and it's hard to get a reasonable name. Also, some TLDs

The mere existence of squatting is not as much an issue, as the scale when most domains are speculators and it's hard to get a reasonable name. Also, some TLDs have prior rights and domain dispute processes for speculators. Namespaces can be handled much better than current .com situation.