It’s common to buy variations or misspellings of your own domain name. If a competitor has not already, you could certainly buy them and point them to your website. They could pickup additional traffic if someone mistyped the competitor’s domain into a browser. Of course that is a little tricky and maybe even misleading, but we wouldn’t say there is technically anything wrong with it. Just be sure to put a redirect in place so it bounces over to the real domain ...
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