Re: Senate panel approves domain name seizure bill.
It isn't so much about protecting copyright as it is profiteering from the legal system. The real money making tactic is where they offer to settle out of court for $3k with no evidence of wrong doing, and they then present a threat for more costly legal suits should you not pay up. Any average joe would pay the $3k and be done. So for nothing more than a "I think I have evidence, but I won't prove it to you" threat, they gain $3k. That's more than a normal person spends on entertainment in several years.
Ir's more profitable. Bills like this lead to more stricter and intrusive government-backed methods of bringing civil suits to Americans for monies. It's a business model that is effective so long as there is any bit of doubt.