Who ever came up with that price is looking for short-term profits over user happiness and long-term growth.
It comes off as extremely entitled to think that reddit should supply you with the data created by their platform to do what you want with it.
And it IMO, is anti-competitive - they are intentionally killing all existing competitors, vs. improving their own offering.
If I have a backyard and let you host a couple concerts in it free of charge and then next year I decide "hmm, I think I should be paid for those concerts you're hosting in my backyard" is that anti-competitive?
Absolutely not.