Put a woman in her place?

So my wife and I are at dinner with another couple, who have just been recently married, and the woman is dominating her husband verbally and berating every idea he has, story he starts and is very dismissive of his thoughts to the point that the atmosphere got awkward. Afterward my wife made the comment, "If I ever do that to you, put me in my place because that was horrible". Should I talk to my friend about putting her in her place next time?