MELBOURNE: Australia's proposal to ban under-16s from social media platforms is "rushed", social media companies claimed on Tuesday (Nov 26), expressing "serious concerns" about potential unintended consequences. The landmark legislation would force social media firms to prevent young teens from accessing their platforms or face fines of up to A$50 million (US$32.5 million). Platforms such as X, Snapchat, TikTok, and Meta have criticised the 24-hour time frame given for stakeholder comments,