Too Long; Didn't Read
The 7 Powers synthesizes the key types of strategic power one can aim to achieve and what benefits and barriers each of the powers carries with it. Some of them are well-known and well-studied, like network effects, while others might take a more in-depth analysis to get used to. Scale economies allow Netflix to invest in premium content, produce their own shows in Spotify and distribute the costs of their purchases over a much larger user base than their competitors. Networks like Facebook can now add any new user or advertiser at near-zero additional cost.