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
Step into Nature: A Survey of \Handling Trails with Solace\ Climbing Shoes - 2
Like 'accelerating from stationary to supersonic flight': Europe's Hera probe boosts speed, stays on course for November asteroid rendezvous - 3
A definitive Manual for Well known Fragrances - 4
Pentagon advances Golden Dome missile defense with new Space Force contracts - 5
German Court Rejects Bid To Force BMW and Mercedes-Benz To Stop Selling New Combustion-Engine Cars After 2030
A mom stopped giving her kids snacks — and sparked a debate about eating habits
Manual for 10 Scrumptious Specialty Mixed drinks
21 Things You Ought to Never Share with Your Childless Companion
These 3 Nail-Free Finds Completely Transformed My Drab Bathroom
Vote in favor of Your #1 Climbing boots Now
Figure out How to Use the Experience of a Fender bender Legal counselor for Your Potential benefit
My prescription costs what?! Pharmacists offer tips that could reduce your out-of-pocket drug costs
Tech for Efficiency: Applications and Apparatuses to Accomplish More
Every year, she thanks the trooper for the arrest that led to her sobriety













