The clause that lets Netflix raise your price might not be legal in Europe
News Source : The Next Web
News Summary
- A Dutch consumer foundation is suing Netflix for up to €673 million over subscription price increases of up to 75 per cent since 2017.
- The case follows an Italian court ruling that declared every Netflix price hike from 2017 to 2024 unlawful, with similar challenges filed in Germany and Spain.
- Netflix can afford to lose this case.
- The company reported $12.25 billion in revenue in the first quarter of 2026, a 16 per cent increase from the prior year, with net income of $5.28 billion.
TL;DRA Dutch consumer foundation is suing Netflix for up to 673 million over subscription price increases of up to 75 per cent since 2017, alleging the company violated EU Directive 93/13 on unfair [+9179 chars]
Never miss a story from us, subscribe to our newsletter