H266 is getting fully skipped (except possibly by Apple). The licensing is even worse than H265, the gains are smaller, and Google+Netflix have basically guaranteed that they won't use it (in favor of AV1 and AV2 when ready).
This is a big victory for the patent system.
I'm not sure what you mean by "patent system" having a victory here, but it's not that the goal of promoting innovation is happening.