The Federal Trade Commission is suing Amazing (AMZN) for "illegally maintaining monopoly power," alleging the tech giant wielded that power to "inflate prices, degrade quality, and stifle innovation for consumers and businesses." In a statement, Amazon refutes the charges, saying in part, "the practices the FTC is challenging have helped to spur competition and innovation across the retail industry." Former FTC Commissioner Mozelle Thompson tells Yahoo Finance Live that the FTC is "pushing the boundaries" with the suit. Thompson says the FTC has two goals "change the law as it currently stands" and "to condition the market to think a little differently," adding that the regulatory body may be trying to provide "a little bit of a chilling effect" to let large companies know that "someone will be policing their actions." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.