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
Embracing Practical Living and Ecological Protection - 2
Zelensky confidant dismissed from further posts amid bribery scandal - 3
Florence's Uffizi Gallery moves treasures to safety after cyberattack - 4
James Webb Space Telescope watches our Milky Way galaxy's monster black hole fire out a flare - 5
5 things for parents to know about changes to kids vaccine schedule
Vote In favor of Your Favored Web based Dating Application
5 VIP Voice Exhibitions in Energized Movies
Members of Kenya-led security mission in Haiti were involved in rapes, U.N. says
Solid Propensities: Little Changes for a Superior Life
Surge of off‑lease electric vehicles expected to drive down used EV prices
The Leonid meteor shower is peaking early this week. Here’s what to know
The Secret Side of Italy: 12 Underrated Destinations Locals Don’t Want Tourists to Find
Blue Origin safely launches wheelchair user to space and back
Manual for Picking Coastline Travel













