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
EU Council president: Ukraine should receive binding guarantees - 2
Genome study reveals milestone in history of cat domestication - 3
See tonight’s solar storm unfold across the world - 4
Comet C/2025 K1 (ATLAS) breaks apart in incredible telescope photos - 5
Tanzania president remorseful over internet shutdown on election day
Former Australian soldier arrested over alleged Afghan war crimes
Visiting This Japanese City Just Got A Little More Expensive (Here's What Travelers Should Know)
Figure out how to Separate Among Fledgling and Master Fender bender Legal counselors
Electric discovery on Mars! Scientists find tiny lightning bolts coming from Red Planet dust clouds
Tributes pour in for James Ransone, 'The Wire' actor who died at 46
The 10 Most Significant Games in History
Figuring out Significant Regulations and Guidelines for Organizations
Airbnb Unveils Airport Pickup Service Across 125 Cities in Global Expansion
Munich Security Conference chief defends inviting AfD lawmakers












