Marco's response to Reading List (and its integration into not only OS X but iOS) wasn't "this is predatory pricing! Regulate!" but instead "this might be good for my product" [1].
So, I don't really know. I didn't use Reader, but I understand that people are upset that it's getting cancelled. That does suck. Of course, this is apparently what everyone deserves for daring to use a free product? But actually it's okay because we'll all be better off because of the great RSS reader renaissance that is upon us? Oh god I can't keep this straight any more. Go find a new RSS reader. RSS appears to have weathered the predation of Facebook, Twitter, and G+ admirably so far; I doubt that its days are numbered.
[1] http://www.marco.org/2011/06/06/safari-reader-and-instapaper