This is not unlike 3D printing: "What? You can print a gun? Into jail you go!".
When you then look at the mafia in charge of the USA right now, run by oligarchs and other shady criminals, you ultimately have an apartheid system at work now, because these top-down pseudo-kings can control what others can do. Everyone is monitored and a potential terrorist now. Now imagine that DNA can be patented (I don't refer to right now, but look how ESTs (https://en.wikipedia.org/wiki/Expressed_sequence_tag) in the 1990s could be patented) - and suddenly you will have a state-run mafia decide which monopolist can yield de-facto control, with a few minor companies roleplaying the "it's still capitalism!!!" when in reality it no longer is.