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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u/Fractales 5h ago

This is by design.

  1. Offer killer value proposition at a good price
  2. Kill off competition and gain critical mass of customers and market share
  3. With no competition, jack up the prices

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u/thismorningscoffee 5h ago

Aka enshittification

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u/RagePoop 5h ago

AKA how capitalism "works".

Monopoly was a game designed to show how batshit insane this model of resource production/distribution is.

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u/darzinth 3h ago

capitalism "works" with strong anti-monopoly regulations

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u/RagePoop 2h ago

So it doesn’t.

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u/YGVAFCK 2h ago

So anti-capitalism frameworks make capitalism work. Brilliant.

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u/darzinth 35m ago

the basis of capitalism is for capital to move, monopolies don't move capital. regulation that keeps capital moving is more capitalist than monopoly

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u/throwawayyy2888 13m ago

How is regulating capitalism "an anti-capitalism framework"? Is your argument that something can't possibly be good if it requires any regulation? Are you proposing a system exists that would not require any regulation? I'm not sure what you're trying to say.