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
Over 1,800 killed since junta seized power in Burkina Faso, rights group says - 2
Why this Tennessee special election has the 'whole world' watching - 3
The Extraordinary Excursion of Dental Embed Innovation - 4
What are parents to do as doctors clash with Trump administration over vaccines? - 5
Taylor Swift changes 2 song lyrics on 'Reputation' on the night of her Eras tour documentary premiere
Council removes proposal to rename park named after former president of Israel
What you need to know about desalination, a growing source of drinking water
False fuel prices in fabricated graphics circulate in Malaysia as Iran war continues
Figure out How to Use Your Nursing Abilities for Better Compensation
Manual for Savvy Home Lighting Framework: Lights up Your Space
Photos of amputees in Gaza, struggling to survive after losing limbs to Israeli airstrikes
Find the Mysteries of Powerful Using time productively: Augmenting Efficiency and Proficiency
Best Disney Palace: Which One Catches Your Creative mind?
Fundamental Home Exercise center Hardware: Amplify Your Exercises











