Have You Ever Had Issues With Domain Squatting?

Not sure if it's the right word but I was trying to get a domain for my account name to link it on my social media, itch .io etc.. as a way of wrapping things up and eventually even have an official email address (with proton you can use @yourdomain )

and I found out that a couple of the names I wanted (as .it TLD) were owned by a dude in Milan under a "Domain Profit SRL" that according to whois have been squatted since 2012 with nothing uploaded to them (blank page, archive etc) just to keep the name without using it.

now I'm thinking if your company is literally called "domain for profit" your business model is keeping popular names hostages and sell it to other people but shouldn't the registar be the one releasing you a domain or at least collect the payment? why do I have to go tru a middleman? and even then. I have to pay yearly to this guy who then pays the registar? and what if he doesn't pay it and the domains expire etc..

I know it's not stricly related to gamedev but being many indie devs or self made artists you might have had to deal with this and I wanted to hear your thoughts or tips.

thankss