WASHINGTON (September 9) — House Energy and Commerce Committee Chairman Billy Tauzin (R-LA) issued the following statement regarding a Federal Trade Commission report released today to Congress on alcohol marketing and advertising: “The FTC’s latest report confirms that self-regulation is working, particularly with respect to minimizing the exposure of individuals under the age of 21 to alcohol advertising and marketing messages. “I am pleased to learn that the industry is today announcing steps to institute an ad placement policy that guarantees a minimum 70 percent adult audience standard for all broadcast and print media. This new 70 percent standard is responsible and appropriate. “In addition, I commend the FTC and industry for their work in this area, which serves as a model of how the public and private sectors can work together to protect our nation’s teens while preserving the First Amendment rights of industry to appropriately advertise and market their products to the public. I strongly encourage the FTC to continue its partnership with industry in the development of a fair and balanced public policy.”