If you read the rhetoric it is not about removing commercial exploitation of children. It is about removing child bullying, grooming and algorithms that lead to things like misogynist content and eating disorders.

I generally agree with parent commenter - some of this will be helped by the ban but theres a serious risk a small number will go through fringe social media even less policed or normalised than the big American ones and have much higher risk on some of these issues than before.