Not without a fight.
I'm surprised at the sheer number of people who are assured of how every race will go this season yet we're only at race weekend number three in what is 19 race season. There is a very long way to go. It's the start of new regulations, where the biggest gains are there to be made (as an example, look at the gains McLaren made in '09 from a lowly start). It also demonstrates the shockingly short memories a great many of these people have. I suspect absolutely none of them predicted or expected the level of Red Bull dominance that arose after the summer break in 2013. Competitiveness changes all the time. I've no doubt Merc will be tough to catch, but the amount of self-serving white flag waving is a little much.
Is Mercedes more dominant than Red Bull? In the three qualifying sessions so far it depends what races you wish to compare against. Most yes, some not. But dominance is more than just a time gap in one race. Can Merc maintain it for the next 4/5 years? Nobody can answer that.
And if all else fails, di Montezemolo is already busy doing his bit and pleading with Bernie and Todt for the good old days of FIA assistance for Ferrari.
RBR was equally dominant in qualifying in 2010 and 2011. Only 5 poles were won by teams other than RBR through 2010 and 2011; 2 by Lewis, 2 by Fernando and 1 by Hulkenburg (freak wet pole). And Fernando had a car equally as fast as RBR in race trim too (and even faster at Monza).