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The Pokemon Company releases a statement regarding Palworld: Inquiries Regarding Other Companies’ Games
(corporate.pokemon.co.jp)
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I don't see Nintendo/Game Freak doing something about Palword. Due to Palworld's first trailer release two years ago. So if Nintendo/Game Freak was going to do something about Palworld. They had two years to do it.
In another hand, now that Palworld is successful, they sit on quite a lot of cash. And success make some unscrupulous people quite envious, and prone to sue.