What does error 429 'ActiveX component can't create object' mean in Windows 11?

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Grade: Education Subject: Support
What does error 429 'ActiveX component can't create object' mean in Windows 11?
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Error 429 indicates that Windows 11 is unable to create an instance of a COM (Component Object Model) object, typically an ActiveX control. This often happens when the component is missing, corrupted, or the registry entries associated with it are incorrect. It can also be caused by insufficient permissions or conflicts with other software.