Google Chrome is ignoring the settings in C:/Windows/System32/drivers/etc/hosts file. Both IE11 and Firefox are installed on the same machine and work as expec
While it was stated that no proxy is being used, I have had the same issue on OS X while using a proxy and the eventual solution was to add a proxy-exception for this domain.
What the OP could try is turn off async DNS via command-line switch as mentioned here in 2015:
Async DNS: Remove toggle from about:flags
Async DNS is fairly stable at the moment, so we don't really need the toggle in about:flags anymore. (Note that the --enable-async-dns and --disable-async-dns command-line flags will still work for now.)
This, however, seems to have no effect in my case, as chrome://net-internals/#dns still displays the internal DNS-client as enabled with no obvious way to turn it off.