On October 7, Chairwoman Edith Ramirez provided testimony regarding proposed legislation, known as the Standard Merger and Acquisition Reviews Through Equal Rules Act (SMARTER Act), before the U.S. Senate Committee on the Judiciary and the Subcommittee on Antitrust, Competition Policy and Consumer Rights. The chairwoman indicated that the FTC’s primary concern was that the proposed legislation would eliminate the FTC’s adjudicative function in certain merger cases. Much of the chairwoman’s testimony focused on the FTC’s historical and recent success in merger enforcement. She stated that FTC merger enforcement has preserved competitive market conditions in vital sectors of the economy − such as health care, technology, consumer goods and services, and energy − and that it prevented price increases and spurred innovation. In arguing that the proposed change in legislation is unnecessary and risks undermining the beneficial role the FTC plays in merger enforcement, the chairwoman stated that the FTC has already revised its rules governing administrative litigation in response to previous concerns that the adjudicatory process was too protracted. She said there is no evidence showing difference in outcomes between merger cases handled by the FTC and those handled by the DOJ. The testimony concluded that the proposed legislation risks eroding the fundamental quasi-judicial role that Congress deliberately granted to the FTC when the agency was created to serve as a complement to DOJ enforcement.