CAN ONLINE SERVICE PROVIDERS ALTER THEIR PRICING SCHEME DURING THE CONTRACT PERIOD?

Online service providers often alter the pricing schemes that they charge clients during the duration of the contract period. The legal basis for the price changes is set forth in the user agreements provided on the service’s Website, which typically allow the service to make changes to their pricing scheme unilaterally.

The following questions have been addressed in this article:

On what grounds can an online service provider raise its prices?
What can a customer do in order to protect itself against price increases during the term of a user agreement whose terms are stipulated on a service provider’s Website?
What other online service providers are known to have engaged in similar price changes?

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