Mix and Match
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Excerpt from Mix and Match: Product Compatibility Without Network Externalities
Hony multiproduct industries sell 'systems', i.e lines of products where each good cannot, or usually is not, used separately but might still be bought separately. Examples of such industries are the computer industry, where a 'system' involves both hardware and software, and the amateur photography industry, where the typical product line includes cameras, lenses, negatives and film processing services.
In some of these industries, every component of a system produced by a firm can be used with every component manufactured by another firm. This is the case for the home-stereo industry where, for example, a Sanyo tape deck can be combined with a Pioneer receiver and Kenwood speakers. Such industries are referred to as (fully) compatible.
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