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Nothing will happen until the city of San Jose starts to move toward a lawsuit against MLB because Bud Selig, who is allegedly the commissioner of baseball, is too wishy-washy to make a decision.
Apparently the inaction is not so much because they don't want the Athletics to just up and move to the Giants territory, so much as they worry that if they allow it without some concessions (sort of like what Angelos got when the Expos moved to DC) then everybody would start trying to move into other baseball hot-beds. The Rays, for example, could then go and try to move to New Jersey or Brooklyn.
What decision? The rules are pretty clear that the only way forward is for the A's to either come to an agreement with the Giants, who don't seem to want to deal, or get together enough votes among the other owners to override the Giants' territorial rights, which also seems unlikely. Neither one of these involves commissioner fiat.
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