Even if D2L stopped development of the open parts of H5P - which they explicitly ruled out - then the existing solutions would not go away. Both, the plugin and moodle's custom integration, could still be used, but without maintance. That's not something that one wants.
If D2L discontinued the open H5P parts, then moodle HQ could decide to join development of a fork that would likely pop up. But that scenario is mere speculation for now.
The current projection of events feels interesting for moodlers though. Let's ignore the plugin. That's a plugin. Let's think of moodle's custom H5P integration.
So far, H5P was (only) a third party product that was used in moodle's core. The maintainer of that product was not competition. D2L with Brightspace is, however. A direct competitor is now in control over a part of moodle that feels to have become quite relevant despite moodle having its own alternatives to some of the interactions that H5P allows to create. That situation is not necessarily something that you'd want from a business perspective. Not saying they plan to, John Baker in fact said he was going to talk to the maintainers of H5P integrations to clear the air, but D2L could make life for moodle HQ more complicated for sure.