I don't experience the same thing with ADE when using the CSS you supplied. It all behaves as I would expect. But then again, I'm not entirely sure what you mean by "character formatting." And what is being obliterated. You seem to imply that your CSS code is working (which means that character formatting is being affected), but then in that case, you suggest that "something" is still being obliterated. What, exactly, are you saying you are "losing" in both of your scenarios?
Note also, that it's not really a good idea to try and force links to be indistinguishable from the regular text (by forcing font-colors and removing the underline). 1) A forced font-color of black could play havoc with many readers' "Night Mode" theme. 2) There's no easy way for a person to know it IS a link. They need to know at a glance that it's something they need to click/tap.
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