Not when Sony magically created this “service” and is free to dictate the price at will, regardless of how much real value there actually is.

I agree that Sony is able to arbitrarily set the price to whatever they want. Online play and cloud saves are free on Steam and such, for example, so obviously Sony could just as well set the price to zero for at least the tier without free games. However, it’s not like the price increase comes out of nowhere. Sony probably makes internal calculations based on the US Dollar or the Yen and then converts to local currencies in certain intervals and since the last conversion the value of the Lira decreased massively because of Erdogan’s economic policies.