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
New movies to watch this weekend: See 'We Bury the Dead' in theaters, rent 'Wicked: For Good,' stream 'The Unbreakable Boy' on Starz - 2
Portugal among EU countries with the most people working close to 50 hours a week - 3
McDonald's is bringing two 'KPop Demon Hunters' meals to McDonald's. Here's what they include and when they launch. - 4
This Week In Space podcast: Episode 203 — China Rising - 5
Israel faces tough choices over haredi draft exemptions, legal expert warns
Vote In favor of Your Number one Game Control center
Famous Places to get-away for Americans
I decided to become a single mother by choice. I wasn't ready to stop dating.
Manual for Famous Beverages 2024
Nepal’s youngest premier sworn in after releasing new rap song about unity
The Benefits of Rehearsing Careful Nurturing
Top 15 Online Entertainment Stages for Individual Marking
Investigating Cooking and Culinary Expressions: An Excursion Through Flavors
Study shows no clear link between low-fat dairy and dementia risk













