As I understand it, he argues that an e-books price fixing cartel is in the interests of all, including the consumer, because otherwise, companies such as Amazon will lower the price to a point (whilst continuing making a loss), such that all others e-book sellers are unable to compete long term.
Or, have I misunderstood his five pages of cartoon genius?
I'm not convinced by it either, but the lawyer does have a fair point that it is hard to demonstrate the seriousness of the danger without being allowed space to document his view of the economics of e-book competition.
But you haven't explained why it's a load of bollocks.
But, I am anti-anti-trust, so I don't have a problem with collusion of this sort; any inefficient collusion will eventually bloat and be disrupted (unless protected by the government as a sanctioned monopoly).