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To work simultaneously on an Excel file with multiple users, you may encounter the error message "my file is locked for editing by" followed by the username. This restricts collaborative editing and prevents users from sharing information. In older versions of Excel, there was an option to share workbooks, but this feature has been removed by default in recent versions. However, you can add it back to the ribbon by customizing the options. To do so, go to File, choose Options, select Customize Ribbon, and add the Share Workbook button to enable collaborative work on the same file.