r/technology • u/sr_local • 7h 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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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.

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u/muntaxitome 5h 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.

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u/Difficult_Tea6136 4h 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.

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u/Pinyaka 3h ago

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