Open file doesn't open files correctly

Repro steps:

open VLC
go to Media -> Open File
select a file Expected:
file opened, video running Result:
error reading the file:

File reading failed:
VLC could not open the file "C:\Batches\file:\\\C:\Users\Siderite\Downloads\Share\Vikings.S04E15.HDTV.x264-KILLERS[ettv]\Vikings.S04E15.HDTV.x264-KILLERS[ettv].mkv" (Invalid argument).
Your input can't be opened:
VLC is unable to open the MRL 'file:///C:/Batches/file%3A///C%3A/Users/Siderite/Downloads/Share/Vikings.S04E15.HDTV.x264-KILLERS%5Bettv%5D/Vikings.S04E15.HDTV.x264-KILLERS%5Bettv%5D.mkv'. Check the log for details.

Notes:

"C:\Batches" or "C:\Users\Siderite\Downloads\Share\Vikings.S04E15.HDTV.x264-KILLERS[ettv]", appended before "file:", is the current folder where VLC was started from
same thing happens when selecting a subtitle file:

File reading failed:
VLC could not open the file "C:\Users\Siderite\Downloads\Share\Vikings.S04E15.HDTV.x264-KILLERS[ettv]\file:\\\C:\Users\Siderite\Downloads\Share\Vikings.S04E15.HDTV.x264-KILLERS[ettv]\Vikings.S04E15.HDTV.x264-KILLERS[ettv].eng.srt" (Invalid argument).
Your input can't be opened:
VLC is unable to open the MRL 'file:///C:/Users/Siderite/Downloads/Share/Vikings.S04E15.HDTV.x264-KILLERS%5Bettv%5D/file%3A///C%3A/Users/Siderite/Downloads/Share/Vikings.S04E15.HDTV.x264-KILLERS%5Bettv%5D/Vikings.S04E15.HDTV.x264-KILLERS%5Bettv%5D.eng.srt'. Check the log for details.

Behavior is new. VLC 2.2.4 works as expected.

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