Browser extension loading its own version of jQuery and breaking the jQuery based websites

Browser extension loading its own version of jQuery and breaking the jQuery based websites

We are developing a website in which we are making use of JQuery library and some of JQuery plugins like cycle, countdown, jcarousal and so on. Recently we found that if our website users download and install browser plugin/extension called " Pricepeep"; then they keep getting lots of javascript errors while browsing our website pages. If they go to Browser's tools option and disable this extension then again everything works good and no javascript error occurs while opening the web pages.

In browser's developer tool, in network section i found following things:

1) From our base page we are adding jQuery 1.6.1.
2) Some widgets gets rendered on webpage like jCarousal and jquery cycle.
3) After few more seconds browser extension Pricepeep starts loading its required stuff.
4) Pricepeep loads jQuery 1.8.1. and executes command like "window["jq$"] = jQuery.noConflict(true);" after loading jQuery 1.8.1. which i suspect is failing somehow.
5) At this point also my web page is still not loaded fully and I have one more div at bottom of page where i want to display count down numbers via countdown jQuery plugin.
6) I added console.log to check jQuery version before calling "$("#mydiv").countdown({...});" and i surprise to see JQ version 1.8.1 instead of my own 1.6.1 with which all JQ plugins got initialized.
7) Due to this mismatch my countdown plugin doesn't get executed and gives a ".countdown is not a function" error.

I am not getting how to handle this situation now.
Can somebody please tell me how browser interprete situation like:
1) starting web page rendering
2) loading jQuery 1.6.1
3) in first 500 ms; rendering couple of JQ widgets on page
4) after lets say 600 ms from initial start Pricepeep comes into action and starts downloading its stuff and loads jQuery 1.8.1
5) now before executing command "window["jq$"] = jQuery.noConflict(true);" browser try to rendering one more widget at one of div present at page bottom and fails because of JQ 1.8.1

Any help will be of great use for me now. Thanks.