Intentionally provocative question: So you think domain squatting is ethical if it's done occasionally and unsystematically, but not if it's done in an efficient and industrious manner?
Your definition doesn't match how I usually see the term used, so I don't understand how it's the real one. Sure, it's written into law that way, but legal jargon doesn't supersede actual widespread usage except in a legal context. When people say "domain squatting" or "cybersquatting," they mean speculatively buying and holding a domain with no intention of using it, hoping to sell it later when it becomes valuable to someone else. (And no, putting up a generic advertising search page does not qualify as "using" it for the purposes of this definition.)
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Intentionally provocative question: So you think domain squatting is ethical if it's done occasionally and unsystematically, but not if it's done in an efficient and industrious manner?
If we use the real definition, it doesn't matter, if you break trademark law, you break trademark law.
Your definition doesn't match how I usually see the term used, so I don't understand how it's the real one. Sure, it's written into law that way, but legal jargon doesn't supersede actual widespread usage except in a legal context. When people say "domain squatting" or "cybersquatting," they mean speculatively buying and holding a domain with no intention of using it, hoping to sell it later when it becomes valuable to someone else. (And no, putting up a generic advertising search page does not qualify as "using" it for the purposes of this definition.)
Then what is 'using'? Please define it and think about the implications for domain name registrations at all levels.