IP addresses were distributed on an per need basis. Now it became a lucrative investment (people didn't originally pay millions for this block!)

Why should IP addresses be private property? Why not simply reclaim unused IP addresses instead, and re-distribute it using the usual mechanism?

Just because i don't hold your religious beliefs in regards to private property doesn't mean we can't have a conversation. Of course, if the entire conversation revolves around the legitimacy (or lack thereof) of private property, we'll wander away from the topic that big tech multinationals are eating away the Internet commons. Specifically from Amazon, i'm also referring to the .amazon TLD case.