This policy setting lets you decide whether the Address bar drop-down functionality is available in Microsoft Edge. We recommend disabling this setting if you want to minimize network connections from Microsoft Edge to Microsoft services. Note: Disabling this setting turns off the Address bar drop-down functionality. Therefore, because search suggestions are shown in the drop-down, this setting takes precedence over the "Configure search suggestions in Address bar" setting. If you enable or dont configure this setting, employees can see the Address bar drop-down functionality in Microsoft Edge. If you disable this setting, employees wont see the Address bar drop-down functionality in Microsoft Edge. This setting also disables the user-defined setting, "Show search and site suggestions as I type".
Administrative Templates/
Windows Components/
Local Computer Policy -> Computer Configuration -> Administrative Templates -> Windows Components -> Microsoft Edge
After changing group policy options, you need to update group policy. If you do not update group policy then settings will not effect. To update it just simply type below command and also sample image is shown.
gpupdate /force
In about command we used "/force" option, this will help up to update policy options forcefully.
