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
State asks High Court to reject challenge to anti-UNRWA laws ahead of Monday hearing - 2
‘Wu-Tang Forever: The Final Chamber’ tour — How to get tickets, presale times, concert dates and more - 3
Huge rotating structure of galaxies and dark matter is detected - 4
Arctic sea ice hits lowest winter level as heat records are shattered worldwide - 5
China Just Got A Lot Closer To Its First-Ever Manned Moon Landing
Hezbollah field commander killed in IDF strikes in Beirut
I spent the last year transforming my life. Becoming a Rockette for a day made me confront a fear I couldn't shake.
Taylor Swift's 'The End of an Era' docuseries: Everything you need to know, plus how to watch for less
Wolf Bites Woman in Shocking Attack at Busy Shopping Center
The most effective method to Settle on Informed Conclusions about Senior Insuranc.
Vote in favor of the juice that you love for its medical advantages!
Family-Accommodating Snow Sports Experiences
Fundamental Home Machines: An Easy to understand Determination Guide
My daughter is in the #1 movie in the country. She still has to finish her math homework.












