An Italian court ruled Netflix has to refund its customers for price hikes dating back to 2017

An Italian court ruled Netflix has to refund its customers for price hikes dating back to 2017

Engadget business

Key Points:

  • A court in Rome ruled that Netflix must refund Italian users for price hikes between 2017 and January 2024 and reduce previous subscription costs.
  • Netflix Italia is also required to inform affected subscribers about their right to receive a refund.
  • The lawsuit was initiated by Movimento Consumatori, a Rome-based consumer rights group, following complaints from over 25,000 Netflix users about price increases.
  • Lawyers representing consumers estimate that Premium subscribers could receive refunds of around 500 euros, while Standard subscribers may get about 250 euros.
  • This ruling may force Netflix to lower subscription prices in Italy instead of raising them further.

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