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The phrase "gain competitive advantage" is correct and usable in written English.
You can use this phrase when you want to describe a situation in which someone has put themselves in a better position than their competitors by taking a certain action. For example, "The company invested a lot of money in new technology to gain competitive advantage over its rivals."
Exact(60)
"The best time to gain competitive advantage on your competition is when they are retreating," said Pfeffer.
Are You Using APIs to Gain Competitive Advantage?
Ease of use is one area where technology firms can differentiate themselves and gain competitive advantage.
Currency devaluation can be used to gain competitive advantage because it makes a country's exports cheaper.
Leading companies are even more likely to prioritize customer-related KPIs to gain competitive advantage.
Data-savvy organizations are using analytics to innovate — and, increasingly, to gain competitive advantage.
Executives and managers in all types of industries are using analytics to gain competitive advantage.
Data-savvy organizations are using analytics to innovate — and to gain competitive advantage.
This is neither strategy nor tactics; it's using business models to gain competitive advantage.
Only a small percentage of companies will gain competitive advantage from SMACIT technologies.
He is currently conducting research on building core competence within an enterprise to gain competitive advantage.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com