We show that complete conformally flat manifolds of dimension $n\geq 3$ with nonnegative Ricci curvature enjoy nice rigidity properties: they are either flat, or locally isometric to a product of a sphere and a line; or are globally conformally equivalent to ${\mathbb R}^n$ or to a spherical spaceform ${\mathbb S}^n/\Gamma$. This extends previous results due to Cheng, Noronha, Chen, Zhu and Zhu.