Earlier quoted context omitted.
I'd say especially when it's not costing Adobe anything to cancel your subscription, it's just a money grab. There are some exceptions where a fee is ok like when it's actually putting the business out financially, like Garmin & Iridium satellite service agreements, Garmin has little choice...but clearly not the case for Adobe
The whole idea of offering annual pricing is that the income stream is more consistent, so the price can be lower. It does hurt Adobe (not much relative to their income, but still some) to have that income not materialize. If you're not happy with a cancellation fee, that's what the monthly pricing is for—you pay more month to month but can cancel any time. It's a very normal trade-off. The only real alternatives Ado…
It isn't true that this is the only option. Instead of onerous lock-in like a gym membership they could have a sliding scale -- the longer you pay for it, the cheaper it gets. Their decision to go for annual lock-in is short term thinking.