If they're charging what customers are willing to pay, are they overcharging? I think an axiom of capitalism is that that's the amount you should charge.
Many people avoid T1 clouds because they're so expensive, but they seem to have found an extremely profitable market segmentation consisting of the remainder.
If they were offering it in a competitive market without the special bundling factors, basically nobody would choose their egress. So yes they're overcharging, because they have control of your data.
Many people avoid T1 clouds because they're so expensive, but they seem to have found an extremely profitable market segmentation consisting of the remainder.