This setting specifies to connect to the internet using the proxy server settings specified. A proxy server acts as an intermediary between your internal network (intranet) and the Internet, retrieving files from remote Web servers.
If you enable this policy, the user will not be able to configure proxy settings. You can import your current Proxy settings from your machine using Internet Explorer Maintenance under Admin Templates using group policy editor.
If you disable or do not configure this policy setting, the user will have the freedom to configure proxy settings.
|Registry Path||Software\Policies\Microsoft\Internet Explorer\Control Panel|