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
Meet the Stars of the Feline World: Well known Pet Feline Varieties - 2
Visiting This Japanese City Just Got A Little More Expensive (Here's What Travelers Should Know) - 3
Figure out What Shift Differentials Mean for Your General Attendant Compensation - 4
Improving as a Pioneer: Examples from My Vocation - 5
Indian Health Service is digging out of decades-old construction backlog for medical buildings
Vote in favor of the bloom plan that adds a bit of excellence to your life!
The 15 Most Rousing TED Chats on Self-awareness
Farmers worry about rising cost of fertiliser
Humanity is back at the moon! Artemis 2 astronauts arrive in lunar space
Ancient fire discovery marks significant milestone in human history
Evidence of lost baptismal rite stage uncovered in Byzantine era cathedral near Sea of Galilee
Dark matter may be made of pieces of giant, exotic objects — and astronomers think they know how to look for them
Quandoo to shut restaurant booking platform by end of 2026
9 African migrants died in freezing temperatures near Morocco-Algeria border













