Does it matter? Maybe they will contribute something useful, maybe they won't.

If we shut them down now, they definitely won't.

Second, I think we need regulation here for the same reasons that we need net neutrality.

To prevent service providers with a government granted monopoly from extorting payments from the rest of the economy?

Is this a serious danger in the personal genomics market? I was under the impression that the FDA wanted to prevent consumers from purchasing genetic tests without receiving permission from another government granted monopoly (doctors).