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If Google annoys enough people, people can take Webkit and do whatever they want.Not sure if that should have been Blink, or if you're making a subtle point about how Blink was forked from WebKit (which was in turn forked from KHTML).
Personally, while I can see why some may react to this news with concern about a monoculture, I find it hard to feel sorry about the end of the last significant closed source browser engine.
If Microsoft gives up IE and Edge then all the major browsers will have an open source foundation. With Gecko, WebKit, and Blink there remains a healthy range of options, too.
And as the history of KHTML/WebKit/Blink demonstrates, derivatives will appear if there's enough interest. Perhaps someday Microsoft will follow the examples Apple and Google have set by creating their own fork, if the circumstances warrant it.