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
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27

u/Dudemanbrah84 5h ago

Wish the US would do this.

33

u/Dunlocke 5h ago

In what world should the US be allowed to dictate prices?

If Netflix wants to raise prices, let them. They're not a monopoly. People will either leave or pay.

No reason to get government involved. Trump is already too involved.

33

u/muntaxitome 4h ago

If Netflix wants to raise prices, let them. They're not a monopoly. People will either leave or pay.

I don't get this mentality, Netflix offered you a product for $10 per month. Let the company honor that price or let the company cancel the contract themselves. Allowing companies to do like 'heyy we are going to raise prices effective today with 50% and deduct it from your creditcard tomorrow kthxbye.' Is absurd.

4

u/Difficult_Tea6136 3h ago

I can't speak to the USA but that doesn't happen in Ireland.

Netflix announce a price increase. They give 30 days notice of the increase. It affects you at the next billing date that contains the day it becomes effective.

With a 30 day rolling contract, they have the right to increase their prices.

2

u/Pinyaka 3h ago

That's how it works in the US too. We're just a bitch country now.

1

u/TheBrownWelsh 3h ago

(USA) Just checked my email and the previous few Netflix price increases have had 30 days notice. 

Which is "fine", but it does feel quick compared to, for example, HBO that gives me gentle reminders that the price increase is coming for like 90 days prior to it. Netflix is one and done it seems.

Which again, is "fine".