The domain for a brand name of a product line of my father's small business lapsed when I forgot to renew it, and it was registered by HugeDomains with an asking price of US $2600. The business unit had mostly wound down and it's not important enough to spend that kind of money on; it's just a bad look when people browse directly to that address. I registered the .net, and I'm hoping they'll quit renewing the .com some time and we'll be able to get it back for an ordinary price. It's quite obscure so no legitimate buyer will want it. I'm happy for them to keep wasting their money in the meantime.
Another time, I was starting a new company, and had an idea for a name that had personal significance, but involved common-enough words that you would expect it to be taken already. It turned out HugeDomains was squatting it, and asking about $2500. In this case it was worth spending that money to buy it off them, so I did, and have been a happy owner of that domain ever since.
I'm not happy about supporting domain squatting, and I've wondered about how it could be prevented, and even considered starting some kind of "benevolent" squatting service to beat the extortionate practices that HugeDomains seems to be undertaking in cases where people just forget to renew, but maybe the way they do it is the only way to do that kind of thing economically, and that only a complete overhaul of the domain name market could open the way for better practices.