steal competitor traffic service?

Would it be worthwhile for a business to buy similar domains as their competitor e.g. The competitors domain is www.example.com but if they got www.example.net or .org etc... Then steal search engine traffic for that companies searches.

I think its not worth it as many clients would be in smaller area and their competitors wouldnt really be getting any direct searches to them

On the otherhand you could always offer any business even with an existing domain and established website the "service+area" domain

Any thoughts?

Not in my opinion. I would suggest to my clients that the work on their website rather than trying to cheat their competitors. They can always build more pages on their website to try to rank for other keywords.

BHopkins said:

Not in my opinion. I would suggest to my clients that the work on their website rather than trying to cheat their competitors. They can always build more pages on their website to try to rank for other keywords.

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I agree, just an idea.