This article first appeared on GuruFocus.
After a Rome court ruled that Netflix (NFLX, Financials) raised subscription prices from 2017 to 2024 in violation of consumer protection laws, the company is at greater legal risk in Italy.
The court said that Netflix's contract terms didn't clearly explain why those prices went up. The decision could mean that millions of current and former users get their money back.
The court also told Netflix to lower prices for users who were affected. The price of a premium plan could go down from 19.99 to 11.99, and the price of a standard plan could go down from 13.99 to 9.99.
Lawyers for the consumer group said premium users who had been paying since 2017 could get back up to 500. Users of the standard plan could get about 250.
The court also told Netflix to tell affected users, including former subscribers, and to post the decision on its website and in the national press.
Netflix has said that it thinks its terms were in line with Italian law and plans to appeal. The company hasn't responded to the latest order to lower prices.
latest_posts
- 1
Who was Haytham Ali Tabatabai, Hezbollah's military leader killed by Israel? - 2
Spotify Wrapped and Apple Music Replay are here: Top songs, albums and artists of 2025 - 3
Top 15 Online Entertainment Stages for Individual Marking - 4
International issues on the agenda as Frances's Macron visits China - 5
'I was diagnosed with incurable brain cancer on holiday'
Could it be said that you are As yet Utilizing Old Tires? at These 6 Tire Brands
7 Well known Vacation spots In The US
Israel reports first missile fire from Yemen since start of Iran war
Toyota Reports 2.3% Sales Drop as China Weakness Deepens
Find the Advantages of Innovative Leisure activities: Supporting Creative mind and Self-Articulation
Could the Star of Bethlehem have actually been a comet?
Audits of 6 European Busssiness Class Flights
How a toxic self-improvement trend with a funny name took over your feed
Global measles cases drop 71% in 24 years as vaccination coverage improves, WHO says











