A fatal attack on 13-year-old Olly Stephens was planned on on 11 social media platforms.
The report, entitled Fixing Neverland and funded by charity The Dawes Trust, found that young people are routinely exposed to videos of violent acts and adverts for weapons.
"Social media companies must be held accountable for the safety of children using their apps," she said. Key recommendations also included better education about social media as well as standardised age verification controls to make it much harder for children to view harmful material.
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