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> The locking is also part of why new iPhones are even affordable to middle class people in the first place.

Verizon has been forced to unlock after 60 days by an agreement with the FCC for years now and they still offer similar subsidies as the other carriers.

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Yeah but they might just be eating higher fraud losses. It used to be pretty much instant unlocking until they asked for a waiver to make it 60 days in 2019 (which was granted by the FCC with not much pushback). So clearly some delay is important. Given their previous agreement they might not have felt they could ask for a longer wait.

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