If they're separating out functionality from that service and charging for it, sure. Customers who don't pay extra are getting less service than they used to for the same money they used to pay.
> Customers who don't pay extra are getting less service than they used to for the same money they used to pay
Sure, yeah. That's how price increases work. Nobody's arguing that it's not a price increase. But if your delivered pizza's costs are fuel+ingredients and the price of fuel goes up, well, the whole price goes up or you have to give on the amount of pizza. The price of the ingredients didn't go down, so yeah you're just going to have to pay more or get less pizza. Sorry.
You can quibble on the pizzeria's margin I guess: AWS could just eat the increased price themselves, and probably have been until now. But apparently they don't want to so they're raising the price to compensate in frankly the most reasonable way possible. AWS has insane pricing for many of its services, especially bandwidth, but this isn't one of them.