Can't open .lnk or .url file after enabling the Files On Demand feature in OneDrive

Assume that you enabled the Files On Demand feature in Microsoft OneDrive for Business. If you try to open an .lnk or .url file that's marked by OneDrive as "Free up space" (and the file is also an "online-only" file), the file won't open in a web browser. Instead the file will open a print dialog box. If the file is marked as "Always keep on this device," the file opens in the browser as expected.

From an administrator-level Command Prompt window, run the following two commands:

reg add HKEY_CLASSES_ROOT\AllSyncRootObjects\shell\ShellPlaceholderLinkVerb /v AppliesTo /t REG_SZ /d "System.Shell.SFGAOFlagsStrings:=link AND System.Shell.SFGAOFlagsStrings:=placeholder" -f

reg add HKEY_CLASSES_ROOT\AllSyncRootObjects\shell\ShellPlaceholderLinkVerb /v DefaultAppliesTo /t REG_SZ /d "System.Shell.SFGAOFlagsStrings:=link AND System.Shell.SFGAOFlagsStrings:=placeholder" -f

Microsoft plans to update the operating system to resolve this issue in the first half of 2019.