This is akin to shutting down the 27 MHz band for some other purpose, it isn't going to happen unless there is a very good reason for it and no single commercial entity should be able to monopolize a chunk of the spectrum for worldwide use if it is already in use.
It's also not even the nation state of France. France has many hams who are likely upset, too. It is a sketchy defense electronics company that has pitiable revenue. I suspect the French people/the rest of the world would see this an unjustifiable corporate power play and act of oppression if hams get the word out.
