For me personally? I don't really care that much. The only Bethesda property I really kept up with is Doom. So, as long as future entries either come to PC or Switch, I'm fine.
Now, surrounding everyone's reactions to the buyout? Here's my thoughts on the matter:
I don't get why everyone is acting like this is a major game changer that will signifies the future of gaming as a whole. No, video games are not turning into the Hollywood studio system where everyone is bought out under five or six publishers. Even the industry's most successful companies don't have enough excess cash to be making multibillion dollar buyouts of their competitors. Microsoft is kind of an exception, as they're a behemoth that has tons of cash laying around that, but even they can't afford to pull this kind of thing on a regular basis.
Even when it comes to using another company's IP, a full buyout is extremely drastic. That's a ton of money when just paying for the license, getting an exclusivity contract, or financing the development in exchange for exclusivity are all far more cost effective than just buying the studio for their rights. If Nintendo or Sony really want an exclusive Dragon Quest or Metal Gear that they have control over, buying Square Enix or Konami is the most shortsighted and over-the-top way to do that. It's like using a nuclear bomb to clear squirrels out of your backyard.
And, no, this isn't a sign of monopoly or that the market is becoming smaller in terms of options. Thanks to stuff like Indie development, Steam, and the ability to advertise through online word of mouth, there are more games from more developers than ever before. The industry is very healthy, as far as competition goes. Yes, Bethesda is a major corporation and removing their independence from the market does harm the industry more than removing most companies would, but it's still not that bad. Square and Enix merging had a bigger impact on market competition than this and the industry is completely fine 20 years later.