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
Two Endangered Bengal Tiger Cubs Die Days Apart at Zoo After Contracting Virus - 2
A Concise History Of The Entertainment world - 3
Germany's far-right AfD tops poll ahead of Merz's conservatives - 4
Figure out How to Adjust Work, Life, and an Internet based Degree - 5
'Dancing with the Stars' semifinals: How to watch Episode 10 tonight, where to stream, who's left and more
Hungary's 'water guardian' farmers fight back against desertification
Vote in favor of your Number one Kind of Gems
A few Exemplary Chinese Dishes, Which Are Famous Around the world
What do scientists hope to learn from NASA's historic Artemis 2 moon flyby?
Iran war drives global fertilizer prices up, raising food cost fears
James Webb Space Telescope watches our Milky Way galaxy's monster black hole fire out a flare
2026 Golden Globes: How to watch, start time, TV channel, full nominee list and more
Figure out How to Score Huge with Open Record Rewards
Well known SUVs With Low Energy Utilization In 2024 vote













