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not sure if I worded my explanation well, so I'll try to elaborate
say 6 months down the road your seo work would normally have your relatively new site sitting 5th in the serps for some keywords, but the existence of the same domain name that was an aged site is sitting #1 for those keywords, I believe your site that would be sitting 5th may end up sitting 15th just due to the existence of the identical aged domain name sitting high in the serps already
feel free to debate this theory, but I am basing this on my observations in case it helps
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