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
Figure out How to Explore Your Direction to the Best Dental Embed Trained professional: A Far reaching Manual - 2
Modern surgery began with saws and iron hands – how amputation transformed the body in the Renaissance - 3
Cyclone causes blackout, flight chaos in Brazil's Sao Paulo - 4
Saudi Arabia says it intercepted 7 missiles, debris falls near energy facilities - 5
Can ICE agents detain U.S. citizens? What powers do they have to arrest people? Your most common questions answered.
Discovery of massive spider's web in Greece reveals unexpected behavior
More parents refusing vitamin K shots for newborns, study finds
The most effective method to Boost Eco-friendliness in Your Volvo XC40
Machado ‘presented’ her Nobel Peace Prize medal to Trump
7 Strange Apparatuses to Make Your Party Stick Out!
Upgrading the Healthy benefit of Your Local Vegetables
Figure out How to Remain Informed about the Most recent Open Record Extra Offers
Scientists captured female sperm whales on video working together during a birth to protect the calf
Orbán orders stop to gas deliveries to Ukraine via Hungary from July












