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
Don't plan to cook on Thanksgiving? Here are the restaurants and fast food places that are scheduled to be open - 2
Tehran defends ship seizure as a legal action, but tensions continue in the Gulf - 3
Air Force made critical errors during October 7 massacre, investigator says - 4
Lucky airplane passengers capture NASA's Artemis 2 moon launch from the sky - 5
How much would you pay to meet a Real Housewife? At BravoCon, the limit does not exist.
India’s delayed climate plan sets modest emission target
The most effective method to Shake Hands During a Pandemic: Wellbeing Tips and Behavior
A hunger for new experiences Narratives: Motivating Travel and Experience
Civilian toll mounts in Iran as war presses on
Amid growing bipartisan scrutiny of Pete Hegseth, Trump says he 'wouldn't have wanted … a second strike' on alleged Venezuelan drug boat survivors
The 1 question we have to ask ourselves about the Taylor Frankie Paul 'Bachelorette' scandal
'All Her Fault' ending explained: The shocking conclusion to the psychological thriller inspired by true events
The most effective method to Really Adjust Hypothesis and Practice in Your Brain science Studies
Fossil analysis changes what paleontologists know about how long T. rex took to grow full size













