[Grammar] incurred 'to' or 'by'

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Helissax

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Sep 8, 2009
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Please tell me which sentence is more correct having in mind that its meaning is - 'The losses inflicted to the companies due to the strike already amount to over $ 30 mln.':

The losses incurred to the companies due to the strike already amount to over $ 30 mln.

or

The losses incurred by the companies due to the strike already amount to over $ 30 mln
 
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