(I originally posted a reply that remarked that we can buy Apple Lossless music from iTMS - however I did a quick check and to my surprise Apple still doesn't offer DRM-free lossless content on iTMS: you can only get Apple Lossless by ripping your own CDs. The "Apple Digital Masters" products are not actually "masters": they're still compressed with lossy encoding: https://www.theverge.com/2019/8/7/20758633/apple-digital-mas... - I guess this explains why services like Tidal and Pono are still around.

Knowing Apple, I think they probably wanted to offer lossless but the record companies are still paranoid about lossless copies... philistines.