Former FTC chair Lina Khan has cited Figma's successful IPO as evidence supporting stricter merger and acquisition (M&A) scrutiny. According to TechCrunch, Khan argues that allowing startups to mature independently, rather than being acquired by larger companies, can unlock "enormous value." She suggests that regulatory oversight of M&A activity can foster innovation and competition by enabling startups to realize their full potential without being prematurely absorbed into larger entities. Khan's perspective highlights the potential benefits of maintaining a diverse and competitive market landscape.