An Association Agreement concluded between the European Union and Chile in 2002 included a comprehensive Free Trade Agreement (FTA) that entered into force in February 2003. Our purpose is to analyse some of the economic consequences of the agricultural part of this agreement focusing in the fruit and vegetable market. Our finding is that market concentration has significantly decreased since the beginning of previous decade and has been reinforced in both markets. This has been an advantage for both Chilean producers and European consumers of fruits and vegetables.