security Parliamentary committee tells ministers online safety regime is failing children and warns 'no action is not an option' British MPs are urging the government to tighten online safety laws, arguing social media companies should face the same kind of scrutiny as other products linked to serious harm. In a letter to Liz Kendall and Kanishka Narayan, shared with The Register , the UK's Science, Innovation and Technology Committee said there is now "strong and consistent evidence" linking social media use to harms affecting young people and warned that "no action is not an option." The committee, chaired by Chi Onwurah, said the current system leaves social media companies free to grow their youth user bases while avoiding meaningful responsibility for the subsequent fallout. "The status quo, where social media companies are neither accountable nor responsible for preventing harms, isn't acceptable," Onwurah said.…