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This was marked as solved by Spotify staff. It's not solved after 3 years.
Time for Spotify to catch up and offer at least Lossless CD level quality now like Tidal, Amazon Music, Qobuz do. Spotify premium is compressed sounding.
NOT SOLVED;
https://community.spotify.com/t5/Accounts/Hi-fi-lossless-playback-FLAC-offer/td-p/1594628