"An Italian judge recently ruled against Netflix, determining that its price increases violated laws in that country intended to protect consumers. The ruling covered four of Netflix's price increases - in 2017, 2019, 2021 and 2024 - to Italian customers."
"As a result of the ruling, the streaming service has been ordered to pay up to €500 (or $576) per customer, depending on their level of service. Not surprisingly, Netflix plans to appeal the decision."
"Netflix was also instructed to reduce its prices, with the revised fees to be based on when a customer began their subscription. Netflix does appear to have taken steps to comply with Italian law more recently."
Netflix is raising its subscription fees in the U.S. for the second time in less than two years. However, an Italian judge ruled against Netflix, stating that its price increases violated consumer protection laws. The ruling affects four price hikes from 2017 to 2024, requiring Netflix to pay up to €500 per customer and reduce prices based on subscription start dates. Netflix plans to appeal the decision but has made recent updates to comply with Italian law.
Read at InsideHook
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