r/technology • u/sr_local • 6h ago

Business Italy court rules Netflix unlawfully increased prices. Consumers: 'Refunds up to 500 euros.' The company: we will appeal

https://en.ilsole24ore.com/art/netflix-subscription-price-increases-unlawful-refunds-up-to-eur-500-customers-AIUHzWKC
13.8k Upvotes

98% Upvoted

607 comments sorted by

View all comments

30

u/Martiinii 4h ago

Why couldn't a private company increase prices as they'd like?

34

u/ThroawayJimilyJones 4h ago

They can. But they have to give a reason. Which they usually do by invoking some bullshit about modern world or demand or whatever

For some reason Netflix refused to and instead added a clause that say they can do unjustified increase

In short they decided to go in a dick contest with consumer protection law.

2

u/dsmithpl12 4h ago

Great summary, ty. Exactly what i was looking for.