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Seinfeld Economics: The Foundation (Kids' revenge)

by Linda Ghent

Collusion refers to acts of cooperation or collaboration among rival entities. In economics, collusion takes place within an industry when rival companies cooperate for their mutual benefit.

A cartel is a group of producers with an agreement to collude in setting prices and output.

 

Seinfeld: The Foundation (Kids' revenge)

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Kramer brags to Jerry that he's taken up Karate and is dominating his dojo. Jerry discovers that Kramer is in a class of 6-year-old children. Kramer beats up on all of the kids, but at the end of the episode they decide to stop competing with one another and band together to form a force capable of dominating Kramer.

from Seinfeld, Season 8 (1996)
Creator: Larry David & Jerry Seinfeld
Posted by Linda Ghent
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