I can't reply to you for some reason, nick2021, so replying to myself.

It's different because the squatter is essentially leeching off of everyone else. If it wasn't for them the people who wanted the domains could have gotten it for free or at least less. They add nothing of value at all.

One could argue the same for people who squat other scarce natural resources that they paid nothing for.

I agree with you. However making a resource artificially scarce to push the price up is what humans do. From where I am sitting I can see multiple items where this happens gold, diamonds (wife's ring), water (in a glass) electricity (well, a turned in light), several things with brand names on them (the copyrighted logo seems to keep that price up by ensuring that only one supplier exists, keeping supply low). I'd be quite surprised if there was much in the room which wasn't artificially price inflated.

Sort of but it's not exactly the same thing. Physical items generally take effort to build or to extract, and they generally pay for the land or materials or whatever. Copyright is meant to artificially inflate the value, for the benefit of the author who wrote it.

If there is a case of someone just inflating the price and adding literally no value at all then I would say that is just as bad.