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
Electric discovery on Mars! Scientists find tiny lightning bolts coming from Red Planet dust clouds - 2
Watch interstellar comet 3I/ATLAS speed away from the sun in free telescope livestream on Nov. 16 - 3
Find the Advantages of Innovative Leisure activities: Supporting Creative mind and Self-Articulation - 4
Astronomers now say the moon is eating up molecules from Earth’s atmosphere - 5
What do teens and tweens want for the holidays? E-bikes, gift cards and lip tints.
EU Commission slams Israel's death penalty law for Palestinians
Israel strikes Iranian nuclear development facilities, Tehran vows retaliation
How Mars' ancient lakes grew shields of ice to stay warm as the Red Planet froze
Discovering a true sense of harmony: Contemplation and Care Practices
7 Moves toward a Sound and Dynamic Way of life
I tried a macho, creatine-loaded cereal “for men.” Did I mention I'm a woman?
2025 Was Another Exceptionally Hot Year
Holiday spots Well known With Americans In 2024
The most effective method to Promoter for Cellular breakdown in the lungs Mindfulness in Your People group













