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He can't change the license, precisely most of the Browsers are chromium, even those from the biggest companies. If Google make Chromium proprietary closed soft, Sundar Pichai will find his head on a stake the next day. He don't need it either, since he don't have to pay much attention to Chromium, irrelevant to Google's business. These are his dozens of services that he offer (Gmail, Gdrive, Maps, Google Earth, Workspace, YouTube, googleanalytics,...etc.), this is where he can gain power over others, this is exactly what he want to implement now with MEI DRM for web pages and their services, forcing all browsers to incorporate his Token, yes or yes, in order to access this sites and services, irrelevant if you use Chromium, Gecko, WebKit or anything else, with this is Google who decide which browser is worth to recive this token.
still if google just f*ck the browser and tell them go to google chrome or firefox and boom with the web drm more ads for everyone. I will bet 1k € they will do it ( in this way or other way ) redoing the licence and screwing up the third party browsers.
it will not happen, Google tried for years to use Chromium as a weapon against other chromium Browsers, without success and since even MS uses Chromium for EDGE, Google will prefer to bite a monogram in the gut, before following Chromium as a means of pressure, why mess with MS and incidentally with many other large companies would be shooting himself in the foot.
But as I said before, Chromium is irrelevant as such for Google, the pressure can be done much better from the web itself with all the services of the one it has and thousands of pages that directly or indirectly depend on them. Google does not have more influence on Chromium than it does on Mozilla currently, and does not need it anymore either. If he pulls off this MEI DRM shit, he'll have the ring to rule them all, regardless if they use Chromium, Gecko, WebKit or whatever, Game Over, internet is owned by Google.