Dynadot

advice Question about ownership

Spaceship Spaceship
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Something I've never quite understood about new TLD's, and that's lets say I buy (this is a made up name I have no intention of buying these domans! :)) bigflowers.io or bigflowers.xyz. Now obviously there will be a company that already runs bigflowers.com. So what's the legality in that situation? can bigflowers.com stop me from using bigflowers.io ? or is the only way they can stop me from using it is if they own a trade mark for bigflowers in the real world?
 
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