Once a new TLD delegation is added to the root, it goes through a ramp-up phase before it is widely available on a first-come, first-served basis.
Rollout phases of a new TLD
Sunrise
In the Sunrise phase, Intellectual Property owners may register for domains that match their trademarks. Usually the trademarks must be registered (in any jurisdiction) to qualify, and trademarks may not "span the dot." In other words, when .bar enters Sunrise (yes, that's a real new TLD) and your organization holds a registered trademark on "foobar[tm]", you cannot enter a Sunrise application for foo.bar. You can only enter a claim on a matching label for your trademark, in this example: foobar.bar.
If multiple trademark...