Empower stops using rival's name

Budget power brand Empower has agreed to stop using the name of its rival Mercury Energy in its advertising.

Empower, owned by Contact Energy, used TV advertising to urge Mercury customers to switch over their power supply.

Mighty River Power, a state-owned enterprise that sells power under the Mercury brand, went to the High Court in February. A Mighty River spokesman said the company had reached an out-of-court settlement with Empower.