That sounds exactly like what is happening here.
Intra-zone and inter-zone network traffic are two very similar services. One is free and one costs 1¢ per GB. And customers who need inter-az traffic are probably in a different market segment. Now, it is more expensive for AWS to build the infrastructure for inter-zone networking, so it isn't exclusively price discrimination, but assuming that getting more money from wealthier clients was a motivation, it seems to match the definition to me.
Re: excludability, yes it is excludable since there is a price, but that doesn't have much to do with how the price is much higher than the cost to AWS for providing the service.