🦄 Startups & VC 6d ago · Alina Maria Stan

Netflix owes Italian subscribers up to €500 after court rules its price hikes were illegal

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Netflix owes Italian subscribers up to €500 after court rules its price hikes were illegal
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In short: The Court of Rome has ruled that Netflix’s repeated price increases between 2017 and 2024 violated Italian consumer law and EU Directive 93/13/EEC on unfair contract terms. The ruling voids the relevant contract clauses, orders current prices rolled back to 2015 launch levels, and requires Netflix to notify millions of current and former Italian […]
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