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Judge Rules for Microsoft: Mergers Are Good
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Like I already said earlier, it would be better if no company was allowed to pay games publishers to block out publishing on their competitor consoles but Sony have already been using this dirty tactic for years.
MS said they are buying Activision Blizzard so Sony cannot block games from being released on their platform once again.
So to directly answer your question it is "ok" because it is a defence strategy to prevent Sony blocking them out of games. It is no worse than what Sony already do and at this point if they don't use strategies like this then their platform risks fading into obscurity leaving Sony with a monopoly which is bad for consumers.