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
Is 'Stranger Things' releasing one last episode? The 'Conformity Gate' fan theory explained as speculation mounts. - 2
A 'rampaging lion' nebula roars to life in a stunning deep-space photo - 3
Audits of the Top Science fiction Movies This Year - 4
An 'explosion' of solo-agers are struggling with rising costs and little support: 'I'm flying without a net' - 5
Pleasant Cycle Courses All over the Planet
December's overlooked meteor shower peaks next week — will the Ursids surprise us?
Journeys That could only be described as epic: Delightful Voyage Lines All over the Planet
Astonishing interstellar comet captured in new images by NASA Mars missions
1st human missions to Mars should hunt for signs of life, report says
EU delegation urges China to tighten export controls
SpaceX launches Starlink missions in dual-coast spaceflight doubleheader (videos)
New movies to watch this weekend: See 'They Will Kill You' in theaters, rent 'Send Help,' stream 'Pretty Lethal' on Prime Video
5 State of the art Advancements in Computer generated Simulation
Yemen’s Aden airport shut by STC-backed transport minister, Saudi source says












