Network Effect

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+A network effect occurs when a product or service gains additional value for its users as more people adopt it. This creates a powerful [Positive Feedback](/wiki/positive_feedback) loop, often leading to rapid growth and enabling [Market Dominance](/wiki/market_dominance) for successful platforms.
+## See also
+- [Metcalfe's Law](/wiki/metcalfes_law)
+- [Platform Economy](/wiki/platform_economy)
+- [Critical Mass](/wiki/critical_mass)
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