Socket - yes. But you can walk into an official Apple store, buy a brand new MacBook Pro + an "apple approved" LG USB-C display, and guess what - the USB-C cable that is bundled with your MacBook Pro cannot be used with the display that you just bought. What's worse, MacOS won't tell you why it doesn't work - it just won't. It's the worst and most user-hostile design in computers I have seen in years.