The apparent ruling, by a board representing all EU privacy regulators, hasn’t been disclosed publicly.
The Journal cited unnamed people familiar with the regulators' decision.
Meta is cooperating with Ireland’s Data Protection Commission on its inquiries, the spokesperson said.
The final decision will come from that agency and is expected in January, the company told CNET.
Ireland’s Data Protection Commission didn’t respond to CNET’s request for comment.
This isn’t the first time Meta has faced scrutiny from privacy regulators in Europe.