Removal of the distortion caused by pre-emphasis is called de-emphasis, making the output accurately reproduce the original input.
Emphasis is commonly used in many places ranging from FM broadcasting (preemphasis improvement) and vinyl (e.g. LP) records to PCI Express.
As CD players were originally implemented with affordable 14-bit converters, a specification for pre-emphasis was included to compensate for quantization noise.
After economies of scale eventually allowed full 16 bits, quantization noise became less of a concern, but emphasis remained an option.
[1] In serial data transmission, emphasis is used to improve signal quality at the output of a communication channel.
Both have the same net effect of producing a flatter system frequency response; de-emphasis is typically more convenient to do in real circuits since it only requires attenuation rather than amplification.
[2]: 9 Well-known serial data standards such as PCI Express, SATA and SAS require transmitted signals to use de-emphasis.
[4] Higher numbers of taps are possible but increase circuit complexity and tend to result in diminishing returns [2]: 14 so are not commonly used.