Also sometimes there are legit uses, like squatting names in order to protect your brand. For example I could see google squatting google-search.com
If someone is squatting on a high-value domain, they will have to pay high fees or sell the domain to someone who can make better use of it.
This prevents someone else from squatting on google-search.com and allows it to go to the highest value use -- protecting Google's brand.
With your suggestion, someone with enough money would be able to force me to sell it. Identity thieves would have a field day with this!