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
6 Famous Urban communities for Shopping on the planet - 2
Believe Should Unwind? Look at These Scaled down Games - 3
'The Housemaid' movie with Sydney Sweeney and Amanda Seyfried premieres this month. What the stars have said about the psychological thriller. - 4
Becoming amazing at Systems administration: Individual and Expert Tips - 5
‘Serving is not just a place’: Bayside Church Granite Bay reimagines annual mission amid conflict in Mexico
Sexual violence part of 'everyday life' in parts of Sudan, charity says
The most effective method to Go with Informed Choices on Vehicle Leases
Vial marked 'Polonium 210' sparks scare during German Easter egg hunt
From a new flagship space telescope to lunar exploration, global cooperation – and competition – will make 2026 an exciting year for space
10 Distinct Kinds of Chinese Neighborhood Specialty Hot Pot
Embrace Effortlessness: Moderation and Cleaning up Tips
Former elite Australian soldier charged with Afghan war crimes
Gulf aluminum output tumbles on Iran war
Netflix is releasing a documentary on Elizabeth Smart. What to know about her kidnapping, rescue and where she is now.











