There is no such API. Any sites that do competitive analytics are scraping 
pages in violation of Google’s terms of service, and, worse, the data isn’t 
very accurate.

Depending on the domain, the data is so incomplete as to be almost useless. For 
example, today I glanced at semrush and ahrefs on the same domain, got 
completely different keyword sets: one with brand related terms only and the 
other with competitors names as keywords. There was nothing in terms of generic 
keywords at all. There’s no way these sites were close to comprehensive.

Google doesn’t share competitor data, which makes sense since we wouldn’t want 
to have our keyword data read by our competitors or their agencies right? 👍

You might find auction insights helpful, or even impression share. 

Better question: what exactly do you want to use competitor ad data for?

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