Your interpretation is incorrect, not sure how it got modded up. This is a case of two behemoths colluding to build huge patent portfolio's to:
A. Protect themselves from patent law suits by competitors, though it doesn't really help against patent trolls since trolls don't make anything and can't use portfolios to defend against them
B. Potentially lock out competitors and disruptive small companies.
Startups and small companies tend to be the biggest casualties in this behavior since they usually don't have patent portfolios they can horse trade with to defend against patent suits and to cross license with the huge companies with the huge patent portfolios.
It remains to be seen if Apple and Google use their portfolio offensively or defensively. If its defensively its not a problem. If they use it to crush potential competitors it is horrible.
Apple is obviously the more aggressive of the two in using patents to crush competition, but then Android, Samsung and HTC did pretty aggressively copy the iPhone in the early days.