"I think it's going to make it tougher for smart development to happen because the people who are impacted by the development won't accept a community benefits agreement in the bargaining process, " said Mr. Morgan.

WSJ: Pact's Benefits in Limbo

Google's Android Honeycomb platform, for example, which was demonstrated at the Consumer Electronics Show in Las Vegas this month, will contribute competition to future smart phone development.

FORBES: Magazine Article

"We're very excited to be working with Verizon to bring even more compelling offerings to LG Smart TV, " said Sam Chang, general manager of LG's Smart TV Innovation Development Group.

ENGADGET: Verizon FiOS TV app to deliver VOD and live HD to LG TVs HD