I think that is the bottom line, right or wrong.I dont think they see Universal as a threat.
I like the idea of a healthy and growing park nearby, it should make everyone a little better.
But Disney just sees it as a much smaller resort that's getting a little bigger. To make a (possibly bad) comparison, would a 100k sqft Home Depot really be worried about a 10k sqft mom and pop hardware store that's growing to 15k? They probably would not care in the least and would not change the way they run their business.