Godaddy has been doing this since forever. They burned me with this practice circa 2005. Back then I searched for a domain, and the next day they registered it

Godaddy has been doing this since forever. They burned me with this practice circa 2005. Back then I searched for a domain, and the next day they registered it and wanted $20 more for it -- nothing close to $3000! It's funny, they put up a website at the domain with a message that it was "Parked helpfully for my convenience." Amazing to see that since they were allowed to get away with it then, they've since taken an abusive practice and turned it into extortion.