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As governments around the world consider stricter rules to address concerns about social media's impact on teenagers, issues such as excessive screen time, mental health challenges, cyberbullying, and exposure to harmful content have come under increased scrutiny.

Some industry executives, however, warn that blanket restrictions could have unintended consequences by reducing competition in the sector.

Government efforts to ban or heavily restrict social media platforms could ultimately strengthen the dominance of major technology companies by making it harder for smaller and emerging platforms to compete, according to an executive at Bluesky.

The debate is also spilling over into education.