Actually that's probably more like: the output is too high so the controller throttles off, but then it doesn't have any aux power so it shuts down completely until the startup circuit wakes it again. Though I don't have a clue what's suddenly discharging the output, unless that's you -- or there's a downprogramming feature perhaps to ensure LEDs don't glow on forever when shut off. Or a crowbar, but delayed after peak voltage somehow, so probably not.
Oh yeah, there's not just an output choke, but also a, probably gate drive transformer, on the primary side; that must be 2-switch forward. Not bad. Perhaps better efficiency and EMI than flyback.
Tim